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.
DairyNZ chair Jim van der Poel says the latest SOPI report shows that NZ still relies on the agricultural sector for its wealth.
Speaking to Dairy News just after the launch of the report at Fieldays, he pointed out the significance of the fact that more than 80% of NZ's export earnings come from the ag sector. He says, despite the challenges in front of the sector, its contribution continues to grow and be the major contributor to our export earnings.
Van der Poel says its dairy exports that make it possible for Kiwis to buy cars and medicines and all the items that people take for granted. He says if it wasn't for the dairy industry the country would be a very different place.
"People don't connect the dots and realise this," he says.
He says the numbers in the report don't surprise him and says this illustrates just how resilient farmers are, despite the challenges outlined in the SOPI report.
"We have to take the challenges head on and try to work through them. We have confronted these all before and we will continue to find ways through them," he says.
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
Hosted by ginger dynamo Te Radar, the Fieldays Innovation Award Winners Event put the spotlight on the agricultural industry's most promising ideas.
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
Nationwide rural wellbeing programme, Farmstrong recently celebrated its tenth birthday at Fieldays with an event attended by ambassador Sam Whitelock, Farmers Mutual Group (FMG), Farmstrong partners, and government Ministers.
Six industry organisations, including DairyNZ and the Dairy Companies Association (DCANZ) have signed an agreement with the Ministry for Primary Industries (MPI) to prepare the country for a potential foot and mouth outbreak.
OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.
OPINION: The Federated Farmers rural advocacy hub at Fieldays has been touted as a great success.