DairyNZ lifts breakeven milk price forecast to $8.68 for 2025/26 season
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Waikato farmer Jim van der Poel has been re-elected chairman of DairyNZ.
Following the board elections and annual general meeting this month, the board met to follow standard process and elect the chair.
The DairyNZ board comprises five farmer-elected directors along with three board-appointed directors. Van der Poel was re-elected to the board for another three-year term this month while South Island farmer Cameron Henderson was elected to replace Colin Glass, who has retired.</p.
Van der Poel and his wife Sue live in Ngahinapouri and have farming interests in Waikato, Southland, Canterbury, and the US.
He has previously served on Fonterra’s board and was an inaugural director on the Fonterra Shareholders Fund and has won a number of industry awards including the AC Cameron Award, 2002 Nuffield Scholarship, Sharemilker of the Year and Dairy Exporter Primary Performer Award.
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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.
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