Dairy farmer profits to hit record levels in 2025
The profitability of dairy farmers is likely to increase in the coming year, accordign to the latest report by the Ministry for Primary Industries (MPI) on the outlook for the primary sector.
The country now has more than six million dairy cattle, an increase partly driven by higher milk solid payouts, Statistics New Zealand says.
The number of dairy cattle increased by 259,000 in the year ended 30 June 2011, according to the annual Agriculture Production Survey, with most of the increase in the South Island.
"The North Island regions tend to be mature dairy farming areas and so have small annual increases. It is in the South Island regions that we are seeing the big increases, particularly in Canterbury," agricultural statistics manager Hamish Hill says.
Continued high primary produce prices influenced how farmers managed their stock. Higher payouts for milk solids were behind the continuing increase in dairy cattle numbers. Higher beef and venison prices meant farmers sent more stock for slaughter – this can be seen in the lower numbers for beef cattle and deer in the year to 30 June 2011.
The 2011 Agricultural Production Survey is a sample survey of information from farmers and foresters. The 2011 survey covers land use, animal farming (livestock), horticultural and arable crop growing, forestry, and farming practices in New Zealand (including fertiliser and cultivation). The survey was conducted in partnership with the Ministry for Primary Industries.
OPINION: Ministry for Primary Industries' situation outlook for primary industries report (SOPI) makes impressive reading.
Sheep and beef farmers Matt and Kristin Churchward say using artificial intelligence (AI) to spread fertiliser on their sprawling 630ha farm is a game changer for their business.
Commercial fruit and vegetable growers are being encouraged to cast their votes in the Horticulture New Zealand (HortNZ) board directors' election.
A unique discovery by a Palmerston North science company, Biolumic, looks set to revolutionise the value and potential of ryegrass and the secret is the application of ultraviolet (UV) light.
A New Zealand company is redefining the global collagen game by turning New Zealand sheepskin into a world-class health product.
With further extreme weather on the way, ANZ Bank is encouraging farmers and business owners impacted by the recent extreme weather and flooding to seek support if they need it.
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.