Wednesday, 09 March 2016 08:55

El Nino no-show helps Miraka suppliers

Written by 
Milk from Shanghai Pengxin farms are processed by Miraka for China. Milk from Shanghai Pengxin farms are processed by Miraka for China.

The no-show of El Nino has been a boon to farmers supplying Miraka, the Maori owned dairy company located near Taupo.

Chief executive Richard Wyeth says farmers are doing well for grass, but are challenged by the milk payout. His main concern now is the farmer suppliers and how they are coping.

"Suppliers are doing everything they can that's in their control. One told me recently that he was looking to strip costs out wherever possible. Obviously they are going to keep farming but they know that the future of the payout is not great short-term so they just need to pull back on expenditure."

Wyeth says production is down 7% on budget and he expects this trend to continue into next season. It results from farmers reducing cow numbers and feeding fewer supplements to cows during the peak.

"Ironically while production for the season is down, we've had the highest milk output ever for this time of the year. We've had a fantastic summer-autumn. People are still cutting silage which for this area is unheard of."

Wyeth says there is plenty of evidence that farmers are returning to pasture feeding and are using fewer supplements.

More like this

Miraka lifts milk price

Taupo-based dairy company Miraka has lifted its forecast milk price for the season to $9.17/kgMS.

H is the 1!

OPINION: Good on Miraka for eschewing electric power for its future tankers, opting for the much more practical heavy-vehicle ‘green’ choice, hydrogen, putting NZ’s first H-powered tanker on the road.

Wairoa flood review findings released

A review into the Wairoa flooding event on 26 June 2024 has found the flood was caused by a combination of factors leading to the river backing up and overflowing.

Featured

Time for young farmers to step up

Departing Fonterra director Leonie Guiney is urging the next generation of co-operative farmers to step up and be there to lead in future.

Net zero pilot farm success

A net zero pilot dairy farm, set up in Taranaki two years ago to help reduce on-farm emissions, is showing promising results.

National

OSPRI's costly software upgrade

Animal disease management agency OSPRI has announced sweeping governance changes as it seeks to recover from the expensive failure of…

Machinery & Products

BA Pumps expand

Cambridge based BA Pumps & Sprayers, specialists in New Zealand-made spraying equipment, has acquired Tokoroa Engineering’s product range, including the…

Entries open for innovation award

Fieldays and its renowned Innovation Awards are celebrating their 57th year, marking a longstanding tradition in the agricultural calendar, with…

» Latest Print Issues Online

Milking It

Outflanked

OPINION: Greenpeace tried its best to disrupt Fonterra’s annual meeting at a hotel in New Plymouth earlier this month, but…

Koru-koi

OPINION: Call it what you want, a hikoi, a car-koi or a koru-koi, the recent protest march against Act's Treaty…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter