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.
WESTLAND MILK Products has bagged a top R&D award, winning the 'Best use of Research and Development in International Business' award, 2012.
The company was also a finalist in the categories of 'Best business operating internationally – over $50m' and 'Best Commercialisation of Intellectual Property in International Business'.
Accepting the award last week in Auckland, Westland Milk Products chief executive Rod Quin said it reflected the company's excellence in business, in particular R&D.
"Our success internationally and in New Zealand can be attributed to our talented and committed team passionate about taking Westland Milk Products to the next level."
The Westland team works with customers to create nutritional ingredients and supports them in sustaining product value.
"We recognise innovation... can add value to our customers and maximise returns to our shareholders," Quin says. "We encourage direct contact between people in our business and our customers' organisations. This award is a fantastic reflection of our team's collaborative approach."
The judges said, "Westland Milk Products tackles R&D with a clear sense of the product's potential in international markets."
Quin added, "Winning this award is particularly important as we move towards a portfolio of added value nutritional products. It demonstrates we can innovate along with the best in New Zealand."
Westland's wholly owned subsidiary EasiYo Products was a finalist in its category for 'Best Business Operating Internationally – $10m to $50m'. Quin congratulated EasiYo chief executive Paul O'Brien and colleagues on outstanding performance in export markets.
A technical lab manager for Apata, Phoebe Scherer, has won the Bay of Plenty 2025 Young Grower regional title.
Following heavy rain which caused flooding in parts of Nelson-Tasman and sewerage overflows in Marlborough, the Insurance & Financial Services Ombudsman Scheme (IFSO Scheme) is urging homeowners and tenants to be cautious when cleaning up and to take the right steps to support claims.
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
Hosted by ginger dynamo Te Radar, the Fieldays Innovation Award Winners Event put the spotlight on the agricultural industry's most promising ideas.
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.
OPINION: The Federated Farmers rural advocacy hub at Fieldays has been touted as a great success.