An $8/kgMS milk price will 'bring no joy to farmers'
A Waikato accountant says dairy farmers putting together their budget for 2025 won’t have much to cheer for even with an $8/kgMS forecast milk price.
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.
Fruit and vegetable growers have overwhelmingly voted to continue paying their Horticulture New Zealand levy.
Farmers are hoping for a respite from complex national health and safety laws, under review by the Coalition Government.
When Cyclone Gabrielle hit in February 2023, it left an estimated $13.5 billion worth of damage across New Zealand.
The Ministry for Primary Industries (MPI) is investigating a Southland farm over poor grazing practices after some dairy cows were found stuck in mud.
Having taken over from the previous distributor, who represented the brand for two decades, Landini New Zealand marks the beginning of a new distribution deal with Norwood, with a first look at Fieldays.
Strong demand for milkfats - anhydrous milkfat (AMF) and butter - is helping boost the farmgate milk price, according to ANZ agriculture economist Susan Kilsby.
OPINION: After six years of being passed over for every Arts luvvie in the Queen’s Birthday Honours, agriculture has finally…
OPINION: Reactions to Budgets are always predictable, following well-worn tracks laid down by political tribalism and ideology.