Fonterra's record forecast organic milk price
Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.
New Zealand’s fledgling dairy goat industry is in turmoil.
Milk payout has slumped 30% over the past three years, forcing some dairy goat farmers to sell up.
The infant formula market in China has been changing. Updated regulations governing the manufacture of infant formula in China, which has increased trust in domestically produced products, along with a falling birth rate, have led to a drop in demand for imported infant formula.
Covid-19 had only accelerated changes that had been taking place over the last two-to-three years. Sales of infant formula through the ‘Daigou’ channel - cross border trading by visitors and international students from China - have also dried up over the past three years.
Waikato farmer Kevin Schuler, who milks cows, goats and sheep on adjoining properties, says dairy goat farmers are facing a tough time.
Schuler says everyone is working hard on farm, at the company level (NZ Dairy Goat Co-operative), and at board level.
NZDGC chief executive David Hemara told Rural News that the co-operative was currently meeting and updating shareholders on market conditions.
“We haven’t completed our current trading year or announced a final season payout to shareholders.”
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
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