Dairy farmer profits to hit record levels in 2025
The profitability of dairy farmers is likely to increase in the coming year, accordign to the latest report by the Ministry for Primary Industries (MPI) on the outlook for the primary sector.
WAITAKI MP JACQUI Dean is pleased with the efforts of farmers around Otago in fencing waterways, as Fonterra announces that 20,000kms of waterways across the country now exclude stock.
"I'm really encouraged by these figures. Farmers acknowledge the importance of sustainable environmental practises and fencing waterways is a step in the right direction.
"As caretakers of the land, farmers know that they need to take good care of it.
"Whether it's more efficient irrigation systems, or improved effluent disposal, farmers are aware that water resources need to be better managed."
The Government is also investing heavily in research to tackle the environmental impacts of agriculture, focussing on cutting nutrient loss on-farm, improving effluent management and developing more efficient irrigation.
She says this includes over $100 million jointly invested in Primary Growth Partnership projects, along with research to lessen the environmental impacts of farming.
"It's an on-going battle, but one that we must put our best efforts into as we move to protect our environment, while promoting economic growth."
OPINION: Good times are coming back for the primary industries. From sentiment expressed at Fieldays to the latest rural confidence survey results, all indicate farmer confidence at a near-record high.
Fonterra Whareroa wrapped up a successful season with a record-breaking cheese production volume and several gongs at the co-op's annual Best Site Cup awards.
A new publication has been launched that offers a comprehensive and up-to-date resource on commercially available grazing pasture species in New Zealand.
The New Zealand International Business Forum (NZIBF) has announced Felicity Roxburgh will take over as its new executive director.
"We're trying to get to the promised land but we're still in a bit of a swamp at the moment."
The profitability of dairy farmers is likely to increase in the coming year, accordign to the latest report by the Ministry for Primary Industries (MPI) on the outlook for the primary sector.