Open Country Dairy prepares to launch first commercial butter
The country's second largest milk processor hopes to produce its first commercial butter within two months.
The country's second largest milk processor says any negative impact of coronavirus should be short lived.
Open Country Dairy chief executive Steven Koekemoer has told milk suppliers that how long it takes to contain the virus is key.
“The latest general view is that any negative impact should be short lived,” he says.
“The fundamentals around supply/demand have not changed but the timing of containment of the virus will be key.”
OCD will review the situation this month but says at this stage it sees no reason to adjust the forecast payout. “If the outbreak is controlled in the short term, then we should see higher demand resume and pricing recover.”
OCD has strategically diversified its markets over the last few years to ensure exposure in China is limited.
“I am confident that in a general tightening global market, we will have no issues selling our product. No doubt pricing in the short term may be impacted, however, we are getting to the tail end of the season and will just need to ride it out,” Koekemoer said.
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
Hosted by ginger dynamo Te Radar, the Fieldays Innovation Award Winners Event put the spotlight on the agricultural industry's most promising ideas.
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
Nationwide rural wellbeing programme, Farmstrong recently celebrated its tenth birthday at Fieldays with an event attended by ambassador Sam Whitelock, Farmers Mutual Group (FMG), Farmstrong partners, and government Ministers.
Six industry organisations, including DairyNZ and the Dairy Companies Association (DCANZ) have signed an agreement with the Ministry for Primary Industries (MPI) to prepare the country for a potential foot and mouth outbreak.
OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.
OPINION: The Federated Farmers rural advocacy hub at Fieldays has been touted as a great success.