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THE CHIEF executive of the Foundation for Arable Research, FAR, says to date the drop in the price of milksolids isn’t affecting arable farmers.
Nick Pyke says this is because most of them are contracted at last year’s prices or have forward sold crops at good prices. Given the shortage of grain in New Zealand the prices are holding up well, he says.
But Pyke warns that after the 2014-15 season things may change and prices won’t remain the same as now. Towards the end of this season’s harvest in March and April 2015, when there is more grain on the market, the price are likely to drop a bit at that point.
“In maize production, the forecast in July was that the area of maize was going to be up slightly, but that could have changed quite markedly if farmers had changed their minds on their plantings. From what I hear it could be pretty much business as usual in both islands.”
Pyke says farmers have come out of droughts and will be looking to build up their supplementary feed stocks. Many dairy farmers who run intensive systems rely on extra feed and he doesn’t see them cutting this out overnight.
Meanwhile observers say it’s not all doom and gloom in the grain market as a result of the drop in dairy payout. But in their October grain market update, Farmlands reports there is little interest from the dairy sector in buying new season wheat and barley. They say the grain market is very fluid and seems set to remain that way in the short term.
I recently had the pleasure of attending an AgFirst event in Hamilton where the results of the 2024-25 Waikato-Bay of Plenty Dairy Financial Survey were shared. Based on a 136ha farm milking 379 cows, average farm profit before tax was $405,892, an incredible 286% increase on the 23-24 season.
Over the past few months, I’ve had the privilege of speaking with many farmers at events and one-on-one.
As I write this article, we have just had our first frost in the Waikato, a change in weather signalling that winter is upon us.
Former chief executive of Beef+Lamb New Zealand Scott Champion will head the Foundation for Arable Research (FAR) from July.
This season's dry conditions have made one thing clear: not having enough feed on hand can bring your season to an early close.
Metallica's charitable foundation, All Within My Hands (AWMH), teamed up with Meet the Need this week for a food packing event held at the New Zealand Food Network warehouse in Auckland.
After two years, Alliance Group has returned to profit.
According to Zespri's November forecast for the 2025/26 season, returns are likely to be up for all fruit groups compared to the last forecast in August.
Next month, wool training will reach one of New Zealand's most remote communities, the Chatham Islands - bringing hands-on skills and industry connection to locals eager to step into the wool harvesting sector.
Farmers' health and wellbeing will take centre stage with a new hub at the 2026 East Coast Farming Expo.
Dannevirke farmer Dan Billing has been announced as the new national chair of Beef + Lamb New Zealand's (B+LNZ) Farmer Council.
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