DairyNZ Urges Farmers to Plan for Higher Costs in 2026/27 Season
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
DairyNZ's Tactics campaign continues to support farmers through field days which will be underway in September and October.
These Tactics for Spring events will help farmers extract maximum value from their pasture.
"Pasture First is a message we are promoting with farmers. Our research shows pasture drives in excess of 85% profit for most farms at a $7/kgMS milk price, but 98% at a $4/kgMS milk price. So it makes sense to get our focus clearly set on managing this important feed source well – we've got to make the most of it, particularly this spring," says DairyNZ Chief Executive Tim Mackle.
"While increasing revenue is important, it's even more important to keep hold of as much of it as possible. This means running a tight budget.
"Following on from the huge interest in this area last year, farms with a low cost of production have opened their books once again and revealed their 2016/17 budgets – enabling other farmers to improve their own business, by comparing themselves.
"It's this information sharing which is so important and we will continue to work with our farmers to get through the low milk price cycle."
ACC says that this week's Fieldays is a great chance for farmers to pause and reflect on their processes and ensure that their life is in balance.
Bank of New Zealand (BNZ)will expand its First Farm support with a new funding boost designed to help more farmers and growers take their next step into farm ownership.
Westmorland Estate Ltd, a Waikato company running three dairy farms, runs on the philosophy that 'you are only as good as your team'.
AgriZeroNZ is ramping up efforts to accelerate the uptake of emissions reduction tools on farm with a new initiative to help more farmers put proven tools into practice.
With the general election just molnths away, farmers have launched a five-point plan for the next government.
The Government is investing in a range of initiatives designed to strengthen the resilience of rural communities and improve preparedness for future adverse events.
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