"Our" business?
OPINION: One particular bone the Hound has been gnawing on for years now is how the chattering classes want it both ways when it comes to the success of NZ's dairy industry.
MARCH ESTIMATES for New Zealand milk flows are for a double-digit percentage increase over the prior year when the drought had taken a firm grip, says Rabobank.
For the season, milk flow continues at about 6% ahead of the prior season to date despite dry conditions emerging in some regions, the bank says in its Agribusiness Monthly for Australia and New Zealand.
Globally milk supply from the main exporting nations also continues to pick up pace, says Rabobank.
"Producers in most regions are beginning to see the benefit of improved farmgate milk prices, lower purchased feed costs and mostly good climate conditions," the report says.
"Attention over the next few months will be on the strength of the Northern Hemisphere seasonal peak as it will play a key determinant in the market balance.
"Right now the global dairy commodity market remains firm and in many regions inventory levels are tight. The market continues to remain well supported by ongoing strong Chinese purchasing."
Rabobank says in New Zealand the added incentive for higher production came Fonterra increased the forecast 2013/14 milk price by NZ 35c/kgMS to $8.65/kgMS.
"Processors will now be looking to the end of season and the need to balance ongoing customer requirements through June and July when milk flows largely cease," it says.
Australian milk production is up 3.1% in the season to date, with improving seasonal conditions allowing producers to begin to make up the lost ground through the first half of the season.
Phoebe Scherer, a technical manager from the Bay of Plenty, has won the 2025 Young Grower of the Year national title.
The Fencing Contractors Association of New Zealand (FCANZ) celebrated the best of the best at the 2025 Fencing Industry Awards, providing the opportunity to honour both rising talent and industry stalwarts.
Award-winning boutique cheese company, Cranky Goat Ltd has gone into voluntary liquidation.
As an independent review of the National Pest Management Plan for TB finds the goal of complete eradication by 2055 is still valide, feedback is being sought on how to finish the job.
Beef + Lamb New Zealand has launched an AI-powered digital assistant to help farmers using the B+LNZ Knowledge Hub to create tailored answers and resources for their farming businesses.
A tiny organism from the arid mountains of mainland Greece is facilitating a new way of growing healthier animals on farms across New Zealand.
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