$8 final milk price likely
An $8/kgMS farm gate milk price is still on the cards with less than six weeks left to run this season.
Westland Milk has reaffirmed its commitment to pay farmer suppliers 10c above Fonterra farm gate milk price for the following two seasons.
Chief executive Richard Wyeth says the announcement will give certainty to their 400 farmer suppliers.
"There was some conjecture about payment and we've put that to bed," he told Dairy News.
Westland has been paying 10c above Fonterra's farm gate milk price for the past few seasons. The deal will now extend until the 2025-26 season.
Another milk processor, Synlait, faces the risk of farmer suppliers switching their supply to other processors like Westland and Fonterra.
Wyeth says they aren't actively advertising for suppliers.
"But i there are new suppliers interested in supplying Westland, our milk supply team will be happy to talk to them."
Animal rights organization, SAFE says the government needs to maintain the ban on live exports.
New findings from not-for-profit food supply and distribution organization, the New Zealand Food Network (NZFN) have revealed a 42% increase in demand for food support in 2023 compared to 2022.
New data released by LIC and DairyNZ shows New Zealand dairy farmers have achieved the highest six week in-calf rate and lowest notin- calf rate on record.
Christchurch City Council and the Canterbury Agricultural and Pastoral Association (CAPA) have signed an agreement which will open more of Canterbury Agricultural Park for public use while helping to provide long-term certainty for the A&P Show.
This year’s Fieldays will feature a Rural Advocacy Hub - bringing together various rural organisations who are advocating for farmers and championing their interests as one team, under one roof, for the first time.
ASB head of rural banking Aidan Gent is encouraging farmers to speak to their banks when they are struggling.
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