Print this page

Wednesday, 18 September 2024 13:25

Payout stakes

Written by Milking It

font size decrease font size increase font size

OPINION: It's that time of the year again when milk processors announce their annual results and final milk payout for the previous season.

It’s also the time when Fonterra farmer shareholders and those who supply independent processors watch the small Waikato processor Tatua show them a clean pair of heels in the payout race.

Just to refresh your memory, Tatua paid its 101 shareholder farms a whopping $12.30/kgMS for milk supplied last season, leaving Fonterra and other processors in the dust. The small co-op’s earnings for the 2022-23 season equated to $15.20/kgMS before retention. They retained $2.90/kgMS or $43 million for reinvestment in the business.

Fonterra, Synlait and Tatua are expected to announce their results towards the end of this month.

More like this

110,000 visitors!

110,000 visitors!

OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.

Sticky situation

Sticky situation

OPINION: The Federated Farmers rural advocacy hub at Fieldays has been touted as a great success.

Suitors line up

OPINION: As Fonterra's divestment of its Oceania and global consumer businesses progresses, clear contenders are emerging.

On the go

OPINION: After hopping from one event to another at Fieldays, Associate Agriculture Minister Andrew Hoggard would have been hoping for a rest.

Fonterra Whareroa sets cheese record, wins top award

Fonterra Whareroa wrapped up a successful season with a record-breaking cheese production volume and several gongs at the co-op's annual Best Site Cup awards.

Popular Reads

Farmers Advised to Look Beyond Palm Kernel Price When Buying Supplementary Feed

When buying supplementary feeds, farmers need to consider the entire package on offer – service, freight and all the components…

Calf rearers say goodbye to leaky teats, poor feeder fit

Leaky teats and poor feeder fit are now a thing of the past for calf rearers - thanks to the…

'Grand Alliance' growing grass-fed beef exports to China

Alliance Group and Grand Farm have signed a strategic co-operation agreement with a focus on delivering more premium New Zealand…

Aussie Jerseys back on NZ agenda

ST Genetics breeding consultant Jean Macky believes that it is time for New Zealand farmers to look at Aussie Jerseys.

No reason to demonise farming

OPINION: New Zealand has said it is going to reduce its greenhouse gas emissions by ‘a lot’ and ‘in a…

Featured

Editorial: Agri's mojo is back

OPINION: Good times are coming back for the primary industries. From sentiment expressed at Fieldays to the latest rural confidence survey results, all indicate farmer confidence at a near-record high.

Fonterra Whareroa sets cheese record, wins top award

Fonterra Whareroa wrapped up a successful season with a record-breaking cheese production volume and several gongs at the co-op's annual Best Site Cup awards.

New pasture guide launched to support farmers in a changing climate

A new publication has been launched that offers a comprehensive and up-to-date resource on commercially available grazing pasture species in New Zealand.

Felicity Roxburgh appointed Executive Director of New Zealand International Business Forum

The New Zealand International Business Forum (NZIBF) has announced Felicity Roxburgh will take over as its new executive director.

Hoggard slams outdated farm regulations

"We're trying to get to the promised land but we're still in a bit of a swamp at the moment."

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.

National

Middle East demand cushions global dairy price drop at latest GDT auction

The upheaval in the Middle East may have eased the fall in global dairy prices last week.

Federated Farmers supports KiwiSaver access for first farm buyers

Federated Farmers is brushing aside concerns that the Government's intention to allow farmers to use their KiwiSaver funds to buy…

DairyNZ project wins national award

A project reducing strains and sprains on farm has won the Innovation category in the New Zealand Workplace Health and…

DairyNZ celebrates 60 years of economic survey tracking dairy sector evolution

DairyNZ is celebrating 60 years of the Economic Survey, reflecting on the evolution of New Zealand's dairy sector over time.

Waikato Plan Change 1 litigation nears conclusion after 12 years

Following twelve years of litigation, a conclusion could be in sight of Waikato’s controversial Plan Change 1 (PC1).

Machinery & Products

Farming smarter with technology

The National Fieldays is an annual fixture in the farming calendar: it draws in thousands of farmers, contractors, and industry…

CNH appoints new NZ business manager amid new tax incentives for agricultural machinery

CNH continues to reinforce its position in the New Zealand agricultural machinery market with the appointment of John Gilbert, previously…

Fencing smarts from the Emerald Isle

While a leading New Zealand brand seems to have a stranglehold on the local electric fencing market, a company from…

Kubota to unveil three new models at Fieldays

Kubota is thrilled to unveil three new models at National Fieldays this week.

RainWave set to cause a splash

Traditional spreading via tankers or umbilical systems have typically discharged effluent onto splash-plates, resulting in small droplet sizes, which in…