Lower North Island farmers “cautiously optimistic” heading into winter – DairyNZ
Cautiously optimistic is how DairyNZ's regional manager for the lower North Island, Mark Laurence describes the mood of farmers in his patch.
Dairy prices went down in the overnight Global Dairy Trade (GDT) auction.
While milk powder (WMP) price index dropped 2.1% to $US$2883/MT.
Westpac’s IQ financial briefing notes that since April, WMP prices have fallen 13%.
The GDT Price Index was down 3.6% compared to the last auction.
Key results
AMF index down 6.9%, average price US$5,321/MT
Butter index down 8.5%, average price US$4,392/MT
BMP not offered
Ched index down 4.7%, average price US$3,484/MT
LAC index not available, average price US$914/MT
RenCas index up 2.8%, average price US$5,138/MT
SMP index down 1.3%, average price US$1,951/MT
SWP index not available, average price not available
WMP index down 2.1%, average price US$2,883/MT
According to the most recent Rabobank Rural Confidence Survey, farmer confidence has inched higher, reaching its second highest reading in the last decade.
From 1 October, new livestock movement restrictions will be introduced in parts of Central Otago dealing with infected possums spreading bovine TB to livestock.
Phoebe Scherer, a technical manager from the Bay of Plenty, has won the 2025 Young Grower of the Year national title.
The Fencing Contractors Association of New Zealand (FCANZ) celebrated the best of the best at the 2025 Fencing Industry Awards, providing the opportunity to honour both rising talent and industry stalwarts.
Award-winning boutique cheese company, Cranky Goat Ltd has gone into voluntary liquidation.
As an independent review of the National Pest Management Plan for TB finds the goal of complete eradication by 2055 is still valide, feedback is being sought on how to finish the job.
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