Record final milk price for Miraka suppliers
Farmers supplying milk to Taupo-based processor Miraka are getting a 2024-25 season base milk price of $10.16/kgMS.
OPINION: Westland Milk may have won the contract to supply butter to Costco NZ but Open Country Dairy is having the last laugh when it comes to cashing in on NZ grass-fed butter.
Open Country’s new automated butter plant began churning out butter last month.
And Milking It understands that the country’s second largest milk processor has already locked in a major customer – Costco Global in the US.
With Costco NZ – with turnover of around $360 million – buying its butter from Westland Milk in Hokitika, Open Country has gone for the big prize. Costco Global owns over 828 warehouse stores, mostly in the US, plus some in Canada and Mexico.
Owned by the Talley’s Group, Open Country Dairy butter could soon be appearing on Costco shelves in North America.
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.
The global agricultural landscape has entered a new phase where geopolitics – not only traditional market forces – will dictate agricultural trade flows, prices, and production decisions.
National Lamb Day is set to return in 2026 with organisers saying the celebrations will be bigger than ever.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.
Keep focused on things that can be controlled on farm.
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