Fonterra launches farmer-led youth dairy programme in Waikato and Bay of Plenty
A new farmer-led programme aimed at bringing young people into dairy farming is under way in Waikato and Bay of Plenty.
The dairy industry is much improved compared with what it was 18 months ago, according to accountant Pita Alexander.
He says Fonterra has made some major changes which he thinks are going to be productive, but he says the future of the NZ dairy sector is all about China.
"That is imponderable; you can't guess what's going to happen. China has been good for us, and you could argue we should have diversified more, but their prices were so much higher than the others that you would be a fool not to take," he says.
Looking to the 2024/25 season, Alexander believes farmers need a payout of at least $8.40/kgMS. He says a lot of people will survive on less but believes a typical payout should be $8.40.
Finally, Alexander has some special advice for dairy farmers: above all, get your kids well educated because not all will come home to the farm. He says education has never been so important and there is nothing wrong with the $40,000 student loan which can be paid back over time.
His other piece of key advice is to attend seminars, conferences and field days where farmers can pick up invaluable knowledge to help them through a crisis.
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Two long-standing New Zealand agricultural businesses are coming together to strengthen innovation, local manufacturing capability, and access to essential farm inputs for farmers across the country.
A new farmer-led programme aimed at bringing young people into dairy farming is under way in Waikato and Bay of Plenty.
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