Record final milk price for Miraka suppliers
Farmers supplying milk to Taupo-based processor Miraka are getting a 2024-25 season base milk price of $10.16/kgMS.
New Zealand’s second largest milk processor, Open Country Dairy is offering suppliers a fixed milk price of $6.05/kgMS for the next season.
OCD chief executive Steve Koekemoer has told suppliers that it wants to remove volatility wherever possible; the full-season fixed milk price programme is a great tool to assist in this regard.
“The initial fixed price offer for the upcoming season is set at $6.05/kgMS and has seen great support so far,” he told suppliers in OCD’s latest newsletter.
The offer closes on February 16.
Depending on customer demand, OCD plans to roll the fixed milk price programme out every year between January and April for the upcoming season.
“This programme is voluntary and will always be back to back between farmer suppliers and customers to ensure risk is covered,” he says.
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