Levies return 26c/kgMS per year in value, DairyNZ reports
Milksolids levies paid by dairy farmers over the past six years have generated nearly $3 billion in value, according to an independent review.
Dairy farmers are seemingly more upbeat than they were three months ago but how long this positivity remains seems to depend on what the new Government does in the coming months.
So says Sarah Speight, DairyNZ's general manager of farm performance. She says the election of the new Government is playing a big part in the positive mood of farmers, along with the stabilisation of world dairy prices. But at the same time, she says farmers are particularly worried about the way that the new freshwater regulations are being implemented by regional councils around the country.
She says the limit setting process that is coming through from councils is a big worry - especially in places such as Southland, Canterbury, Manawatū, and Waikato.
"Some of these things are unworkable for farmers. There is a real hope that the incoming Government with its strong agricultural understanding around the caucus table will help with that and sort it out. But while farmers are positive they are wary about how much the new Government can get done in a reasonable timeframe," she says.
Speight says she's not sure that some of the councils know what the limit settings are going to mean for farmers and that is a worry. She says Northland, Southland and Otago are high on the radar for DairyNZ.
Federated Farmers says it is cautiously welcoming signals from the Government that a major shake-up of local government is on its way.
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.
The global agricultural landscape has entered a new phase where geopolitics – not only traditional market forces – will dictate agricultural trade flows, prices, and production decisions.
National Lamb Day is set to return in 2026 with organisers saying the celebrations will be bigger than ever.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.