Record final milk price for Miraka suppliers
Farmers supplying milk to Taupo-based processor Miraka are getting a 2024-25 season base milk price of $10.16/kgMS.
Open Country Dairy (OCD) says it’s operating in a near ‘business as usual’ state under Alert 4 restrictions.
The news from New Zealand’s second-largest dairy manufacturer is a positive break as New Zealand’s number of COVID-19 cases continues to grow.“We feel lucky and privileged that our business is operating in a ‘business as usual’ state even with the strict Government rules in place,” said chief executive officer Steve Koekemoer in an email update to staff and milk suppliers.
“We might experience inefficiencies here and there as everybody settles into the new norm but have so far not had any restrictions on ordering raw materials or shipping containers, which is a better result than many would have expected at this point in the process.”
Koekemoer says milk is coming into OCD’s sites as usual and volumes are tracking at forecast.
The OCD team is in good spirits and they have quickly adopted the new measures, such as keeping a two-metre distance between one-another, under the new Alert 4 requirements.
Koekemoer says the customer perspective of OCD has been somewhat unaffected.
“From a customer perspective most of our markets are also operating as essential
services and customers continue to manufacture as normal in the food sector.
“Our sales team carries on selling as per our policy, and we see continued demand for dairy
products.”
However, OCD has had to put some of its growth on hold.
“The lockdown has created some challenges for our capital projects with all non-essential
projects now being put on hold and people being asked to isolate,” said Koekemoer.
“Our contractors are not sitting idle and are already working on a schedule to ensure we make good for the time lost once the lockdown is lifted, which gives us comfort that we will be able to resume work quickly when we are allowed to.”
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.