BNZ: $10 milk price now unlikely for 2025/26 season
The chance of a $10-plus milk price for this season appears to be depleting.
BNZ says it is backing aspiring dairy farmers through an innovative new initiative that helps make the first step to farm ownership or sharemilking a little easier.
BNZ’s First Farm proposition helps lower barriers to entry for first-farm buyers or those buying their first dairy herd by reducing deposit requirements.
It also pairs every approved customer with an experienced farmer mentor for their first two seasons. This is to help ensure their first steps into farm ownership or sharemilking are a success.
BNZ general manager agribusiness and corporate banking Dave Handley says farmers are the backbone of our rural communities and contribute significantly to the economy.
“For many young farmers, getting their first foothold on the farming ladder is very challenging. First Farm is about bridging that gap by making ownership more achievable,” says Handley.
According to Ravensdown's most recent Market Outlook report, a combination of geopolitical movements and volatile market responses are impacting the global fertiliser landscape.
Environment Canterbury, alongside industry partners and a group of farmers, is encouraging farmers to consider composting as an environmentally friendly alternative to offal pits.
A New Zealand dairy industry leader believes the free trade deal announced with India delivers wins for the sector.
The Coalition Government will need the support of at least one opposition party to ratify the free trade deal with India.
Primary sector leaders have welcomed the announcement of a Free Trade Agreement between India and New Zealand.
At Pāmu’s Kepler Farm in Manapouri, mating has wrapped up at the across-breed Beef Progeny Test.