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.
A record 13 dairy farms supplying milk to low-carbon dairy processor, Miraka qualified for an extra premium of 20c/kgMS this season.
This takes this season’s forecast payout to these 13 farms to $8/kgMS including the premium under the company’s Te Ara Miraka, the company’s farming excellence programme.
Miraka chief executive Karl Gradon joined 350 guests at the company’s annual suppliers dinner at Taupo last night to celebrate the milestone.
“We’re proud of our top 13 farms – a new record for Miraka – who share first place equally having each achieved the maximum 100 points under our farming excellence programme, Te Ara Miraka. In recognition, each farm receives our full premium payment of 20 cents per kg of milk solids, on top of our competitive milk price,” says Gradon.
“Our Te Ara Miraka programme rewards best practice on-farm in sustainability, animal welfare, people and milk quality.”
“We incentivise our suppliers to be the world’s best in these areas. Miraka is committed to supporting our farmers, with the best milk price, for the best farms and people.”
“It all begins on the farm. Our products, made from the quality milk our farmers supply, have performed exceptionally well in global markets and we have the solid backing of our shareholders. Accordingly, Miraka is well positioned to share that success via our milk price and premium payments under Te Ara Miraka,” said Karl Gradon.
Chad Hoggard, Miraka general manager of on-farm excellence, says Miraka farmers are leading the way.
“While we celebrate our top achievers, we’re also delighted that the bulk of our supplier base has made continuous improvements on-farm over the past three seasons. Our average farm, for example, has earned an extra 16 cents per kg of milk solids under Te Ara Miraka.
“We’ve worked closely with our farmers to simplify the key focus areas of Te Ara Miraka which, when combined with their efforts, results in higher levels of achievement,” says Hoggard.
Miraka recently announced a strong 2024/25 season milk price for its farmer suppliers of $8.42/kgMS, with the base price being $8.25/kgMS and farmers having the ability to earn an additional premium of up to 20c/kgMS.
Like many manufacturers around the world, European agricultural machinery and tractor manufacturers are currently operating in a difficult market environment. But they are heading to the world’s largest agricultural machinery event in Hanover next month with a degree of cautious optimism.
Established in 2021, the John Deere Technician of the Year Awards champion the important contribution parts and service technicians make to the Australian and New Zealand agriculture, construction and forestry industries.
Beef + Lamb New Zealand (B+LNZ) is calling on farmers from all regions to take part in the final season of the Sheep Poo Study aiming to build a clearer picture of how facial eczema (FE) affects farms across New Zealand.
New Zealand is closer to eradicating bovine TB than ever before, but possums remain a threat, says Beef + Lamb New Zealand.
Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.
OPINION: Ageing lefty Chris Trotter reckons that the decision to delay recognition of Palestinian statehood is more than just a fit…
OPINION: A mate of yours truly recently met someone at a BBQ who works at a big consulting firm who spent…