$10/kgMS milk price tipped for strong 2025/26 season start
The 2025-26 season is set to start on a high and a $10/kgMS opening forecast milk price isn't being ruled out.
ANZ says it is ready to support its customers impacted by the recent severe weather on the East Coast.
“It’s been a tough few days for those impacted by the severe weather events, our thoughts are with those dealing with damage and destruction to the community and their businesses, and their family homes,” says Lorraine Mapu, ANZ managing director of business and agri.
“We want to reassure our business, farming and personal customers the bank is here to work with them in the days and months ahead,” Mapu told Rural News.
Targeted assistance is available for business and farming customers such as temporary overdraft facilities and the ability to defer loan repayments or move to interest only to help ease some financial pressure.
“Our team are reaching out to farmers and our small and medium-sized business customers to see what else is needed,” Mapu says.
“We encourage personal and home loan customers to talk to us if they need to relieve pressure on their financial situation,” she says. “There may be a range of ways we could help, such as restructuring their home loan repayments or providing access to an overdraft facility.”
Business and Agri customers should speak to their relationship manager to discuss the impact on their business and their funding requirements.
All other ANZ customers should call 0800 269 296.
Dairy farmers are set to benefit from the radical sweeping changes the Government is planning to make to the regulations that form part of the Resource Management Act (RMA).
The reported surge in interest in dairy conversions should be put into the context of falling overall cow numbers and improving environmental performance, says DairyNZ.
New Zealand's top trade official has told dairy farmers that their sector faces the most trade barriers internationally.
Waikato sharemilker Matthew Zonderop had no inkling that one day he would become a matchmaker for cows.
The coveted post of Federated Farmers' national dairy chair will see a two-way contest at the Federated Farmers annual meeting later this month.
Research lending to the production of dairy products that benefit the elderly and improves the overall wellbeing of all people is a key focus of Fonterra's Research and Development centre, based in Palmerston North.