Synlait lifts milk price to $9
Canterbury milk processor Synlait has lifted its forecast base milk price for the 2024/2025 season to $9/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.
Applications are open for Horticulture New Zealand’s (HortNZ) 2025 scholarship programme with18 funding opportunities for students with a special interest in the commercial fruit and vegetable industry.
A lot depends on what happens in the next few months. That's the view of Federated Farmers Otago president, Luke Kane.
A group of volunteers from Lincoln University known as the 'Handy Landies' is among those descending on Otago to help farmers get their properties back to normal.
In another sign of improving agribusiness sentiment, two listed companies have lifted their forecast earnings for the year.
Three nominations have been received for two vacant director positions on meat processor, Alliance Group's board.
Canterbury milk processor Synlait says some farmer suppliers have been inquiring about the process to remove their cessation notices, handed in earlier this year.
OPINION: In a to the 1990s, our old mates at Greenpeace continued their crusade against affordable food by abseiling down…
OPINION: Big surprise, Fish & Game find themselves at odds with farmers, once again, and at risk of costing their…