Westpac NZ launches community banking van in Northland
A new Westpac NZ community banking van begins making visits around Northland this week.
Last night’s Global Dairy Trade (GDT) auction was disappointing relative to market predictions, says Westpac senior market strategist Imre Speizer.
He notes whole milk powder prices slipped 0.6% to US$3143/MT; this was unexpected as the milk futures market had predicted a 4% rise.
The GDT price index dipped 0.4% compared to the last auction.
Fat-based products- butter and anhydrous milk fat- also slipped; butter down 1.3% and AMF 1.2%.
Skim milk powder was slightly up – 0.3% to US$!968/MT.
Key results
AMF index down 1.2%, average price US$6,199/MT
Butter index down 1.3%, average price US$5,735/MT
BMP not offered
Ched index up 1.4%, average price US$4,005/MT
LAC index down 4.9%, average price US$747/MT
RenCas index up 2.9%, average price US$6,255/MT
SMP index up 0.3%, average price US$1,968/MT
WMP index down 0.6%, average price US$3,143/MT
Tickets are now available for the 2026 Arable Awards, set to be held in Christchurch on 20th August.
Environment Southland is calling on residents to be vigilant and check their properties after a new Old Man's Beard site was discovered near Dipton.
Amelia Marsden has secured the 2026 Nelson Young Grower title for the second year running, earning another opportunity to represent the region at the national Young Grower of the Year competition later this year.
Federated Farmers is urging the Government to put a halt to Waikato Regional Council's controversial Plan Change 1 (PC1), warning the regulations will impose significant costs, complexity and duplication on thousands of farmers while major national reforms remain unresolved.
Joshua Irving has been named the 2026 Ormond Nurseries North Canterbury Young Viticulturist of the Year.
Vets say they support the responsible use of virtual fencing and virtual herding technology for cattle and wants to work with farmers, manufacturers and government to help shape standards for future use backed by ongoing research to strengthen animal welfare outcomes.
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