Farmers Urged to Review Budgets as Fuel and Fertiliser Prices Rise
As fuel and fertiliser prices rise and with uncertainty in the future, farmers are being urged to go over their budgets with a fine-tooth comb.
Many dairy farmers in Northland have copped a tough year and those near the Hikurangi swamp in particular have been severely affected.
Be realistic about what you can in the short term - the recovery is a marathon not a sprint. That's the sage advice from one of the country's leading dairy consultants, James Allen, AgFirst.
He says those dairy farmers severely impacted by the cyclones should focus on the basics, such as making sure their fences are secure and that their stock have water.
Allen says he's aware that some farmers have had to send their stock to other properties because their water supply systems have been so badly damaged.
"They also need to start taking account of their feed supply in the immediate future and also what it might be like six or eight months out," he says.
James Allen says there is a lot of good advice available on how to deal with drying off and feed management. He says industry bodies such as DairyNZ are doing a good job getting this information out to farmers. He says farmers who have had to dry off early and who will have lost income need to communicate early with their financial advisors and banks.
"There is a lot of support out there for farmers and they shouldn't be afraid about asking for help. They need to talk to others because a problem shared is a problem halved," he says.
Allen says many dairy farmers in Northland have copped a tough year and those near the Hikurangi swamp in particular have been severely affected. Maize yields are down, summer crops have been damaged and there are instances of lameness and mastitis within herds. Farmers in east coast regions have also been badly knocked around and "my heart goes out to them", he says.
"But there are some regions which have enjoyed good rainfall and the growth conditions aren't too bad. There are parts of the Waikato, for example, which are going to see a strong end to the season with soil moisture levels good, making the grass grow well," he says.
Allen says he's just completed a feed update for the country which shows that, aside from the areas badly impacted by the cyclones, overall covers are feed reserves good. The exception he says is Southland and nearby regions that are dry.
"So we have this complete dichotomy where some areas are massively affected by storms and floods and others that are doing fine," he says.
New Zealand farmers have been told they all have amazing people on their farms and have been urged to be “that one person” that can make a huge difference to those going through tough times.
OPINION: For thousands of Southland farmers, this week would have tipped them into the non-compliant category when it comes to following regional freshwater plan rules. But the Government has stepped in to give them the clarity they deserve.
The stark realities of the world trade that New Zealand is having to face have been revealed by Trade Minister Todd McClay.
New Zealand and the European Union are closer than ever.
The latest data from the Real Estate Institute of New Zealand (REINZ) reveals a mixed rural property market due to consistent inflation concerns.
Animal welfare improvements as well as reduced costs for dairy farmers are at the heart of a new move which could help cut back on the waste of unused vet drugs.
OPINION: Reckless action by Greenpeace in 2024 forced Fonterra to shut down a drying plant for four hours, costing the co-op…
OPINION: The global crusade against fossil fuel is gaining momentum in some regions.