Green but not much grass!
Dairy farmers in the lower North Island are working on protecting next season, according to Federated Farmers dairy chair Richard McIntyre, who farms just north of the Horowhenua township of Levin.
Feds dairy chairman Andrew Hoggard says the Global Dairy Trade (GDT) auction needs some CPR to shock it back into life.
"If you look more into the future, forward contracts were still pretty flat. Six months out it was still US$2200/t. We want to see prices get close to that US$3000/t mark so we can get things back to a nice level," he says.
"While everyone has brought their cost of production down, it is still very much hand to mouth at the moment."
He thinks many farmers are getting their costs down to the $3.50-$4/kgMS range.
"The challenge is if you've got $1/kgMS debt, then you are in a hard place," he says. "There are people with more than $1/kgMS debt so that makes the proposition for them extremely tough.
"It didn't fill me with confidence but it's not yet time to hit the gloom and doom panic button.
"It's bumbling along there and I think a lot of people would feel a lot more comfortable if we saw a couple of decent rises to give us more confidence, but at the moment it is not inspiring a great deal of confidence."
DCANZ information showed the North Island was down 5% and the South Island down 22% in June. But it is not an indication of a trend because of the small amount of production in that month anyway.
"Just a few people deciding winter milk wasn't worth it can alter that quite dramatically," he says.
Fonterra has cemented its position as the country’s number one cheesemaker by picking up nine NZ Champion of Cheese trophies this year.
New Zealand dairy processors are welcoming the Government’s commitment to continuing to push for Canada to honour its trade commitments.
An educational programme, set up by Beef + Land New Zealand, to connect farmers virtually with primary and intermediate school students has reported the successful completion of its second year.
The Food and Agriculture Organisation of the United Nations (FAO) has welcomed a resolution adopted by the United Nations (UN) General Assembly to declare 2026 International Year of the Woman Farmer.
Waikato herd health veterinarian Katrina Roberts is the 2024 Fonterra Dairy Woman of the Year.
Horticulture NZ chief executive Nadine Tunley will step down in August.
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