DairyNZ lifts breakeven milk price forecast to $8.68 for 2025/26 season
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Dairy farmers have returned Jim van der Poel and Colin Glass as DairyNZ directors for another three-year term.
Van der Poel, who chairs the industry-good organisation and Glass, chief executive of Dairy Holdings Ltd, saw off a challenge from young Ashburton farmer Cole Groves in this year’s director elections.
The result was announced at DairyNZ’s annual meeting in Ashburton last night.
Van der Poel thanked farmers for their continued support.
With his Sue, van der Poel has farming interests in Waikato, Southland, Canterbury and in the US.
He has served on the boards of Fonterra, Fonterra Shareholders Fund and New Zealand Cooperative Dairies. He has also received numerous industry awards including Sharemilker of the Year, Dairy Exporter Primary Performer Award and a Nuffield Scholarship.
Glass and his wife Paula, with their two teenage daughters, own a 670-cow dairy farm, and two further irrigated properties rearing and finishing bull beef at Methven, Mid-Canterbury.
Colin heads Dairy Holdings Limited which has extensive operations throughout the South Island. He is a director of several agri-business companies and is currently chairman of Ashburton Lyndhurst Irrigation Limited.
Commercial fruit and vegetable growers are being encouraged to cast their votes in the Horticulture New Zealand (HortNZ) board directors' election.
A unique discovery by a Palmerston North science company, Biolumic, looks set to revolutionise the value and potential of ryegrass and the secret is the application of ultraviolet (UV) light.
A New Zealand company is redefining the global collagen game by turning New Zealand sheepskin into a world-class health product.
With further extreme weather on the way, ANZ Bank is encouraging farmers and business owners impacted by the recent extreme weather and flooding to seek support if they need it.
New Zealand must continue to educate Chinese consumers about the unique qualities of its red meat products and how they differ from competitors, says Silver Fern Farms chief executive Dan Boulton.
There are opportunities outside the farmgate for young farmers to further develop their skills, says 2025 Primary Industries Emerging Leader Award winner Bridie Virbickas.
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