increase font size
Statistics show the dairy industry accounted for almost 25c of every export dollar.
OPINION: The statistics speak for themselves; the dairy industry remains the country’s star performer.
Recent Sense Partners analysis, for DairyNZ and Dairy Companies of New Zealand (DCANZ), shows the sector delivering $20 billion in export value to the year ending September 2020.
There is no doubt that dealing with the uncertainty and the ‘new world’ that Covid-19 has delivered has been a struggle. However, the industry has been one bright spot in this crisis.
Dairy accounted for almost 25c of every export dollar New Zealand generated in the past year. The sector employs 50,000 people and generated $3.4 billion in wages in 2019.
Dairy jobs are well paying, with median wages for both dairy processing and farming above those of comparable industries. The median wage for dairy farm workers ($52,700) is 9% higher than the median average for all agriculture jobs.
Exporting success has supported the dairy sector to continue growing its economic contribution, delivering $10.2 billion in value add to the economy in the year ending March 2020. While a significant proportion of export value comes from milk powder products, almost half comes from other products.
Across NZ, dairy contributes more than $100 million to gross domestic product (GDP) in all but two regions. The largest GDP contributions are nearly $2 billion in Canterbury and $2.5 billion in Waikato.
Dairy contributes at least $50 million in wages in 20 districts, and more than $100 million in wages in half of those.
Dairy makes up one third of all jobs in Waimate (South Canterbury), and more than one in every four jobs in south Taranaki and Otorohanga, also accounting for one of five jobs in Southland and more than one in 10 jobs in the Westland, Matamata-Piako, South Waikato, Clutha, Tararua and Ashburton districts.
Last season’s final payout of $7.14/kgMS and a 5c dividend from Fonterra means most farmers ended the season in the black.
This season’s forecast payout is hovering over $7/kgMS and with almost 70% of the season’s product already contracted to global buyers, another profitable year looms for many farmers.
But as this month’s ANZ Research says the recent focus on Covid-19 has highlighted the virtues of our primary industries but we can’t rest on our laurels.
We need to continue planning ahead to ensure our farm businesses are in a good position to withstand future financial shocks and also position our industry to take advantage of the growing focus on sustainability.
By all accounts the dairy industry is doing just that. The results speak for themselves.
DairyNZ has pulled together tactics that will help farmers improve on-farm efficiency and have positive benefits for the environment. These tactics are based on research, data, and lessons from leading farmers.
The design and construction of an effective dairy effluent system is a complex process.
After serving three as a DairyNZ director, Waikato farmer Chris Lewis is ready for another term.
DairyNZ has announced the date for its six-yearly Milksolids Levy vote, which will take place from Monday, 16 February to Friday, 13 March 2026.
DairyNZ has announced the date for its upcoming Milksolids Levy vote.
Academic Dr Mike Joy and his employer, Victoria University of Wellington have apologised for his comments suggesting that dairy industry CEOs should be hanged for contributing towards nitrate poisoning of waterways.
Environment Southland's catchment improvement funding is once again available for innovative landowners in need of a boost to get their project going.
The team meeting at the Culverden Hotel was relaxed and open, despite being in the middle of calving when stress levels are at peak levels, especially in bitterly cold and wet conditions like today.
A comment by outspoken academic Dr Mike Joy suggesting that dairy industry leaders should be hanged for nitrate contamination of drinking/groundwater has enraged farmers.
OPINION: The phasing out of copper network from communications is understandable.
Driven by a lifelong passion for animals, Amy Toughey's journey from juggling three jobs with full-time study to working on cutting-edge dairy research trials shows what happens when hard work meets opportunity - and she's only just getting started.
OPINION: Westland Milk may have won the contract to supply butter to Costco NZ but Open Country Dairy is having…
OPINION: The Gene Technology Bill has divided the farming community with strong arguments on both the pros and cons of…
