Wednesday, 21 October 2015 07:00

Dairy remains cash cow

Written by 

The dairy industry contributed 37% of the total value of New Zealand's primary exports in 2014-15, according to DairyNZ.

This was revealed last week at DairyNZ's annual meeting in Morrinsville.

Dairy earnings for the year totalled $13.2 billion. Waikato remains the dairy heartland with 34% of the herds; it produced $2.4b of milk last year.

The Waikato's 4020 dairy herds produced 518m kgMS in 2014-15, 27% of NZ's total milk production. But Waikato's $2.4b earnings were down $1.8b on the 2013-14 season when the high milk price ($8.47 average payout) boosted the region's coffers by $4.2b.

Outgoing DairyNZ chairman John Luxton says the 2014-15 season's low milk price has affected all farms as owners and sharemilkers strove to remain profitable.

"The value of milk production to Waikato's economy is huge; the region takes a big hit when farmers do," says Luxton.

The North Island had 74% of herds, producing 59% of total milksolids; the South Island 26% of herds but produced 41% of milksolids.

The industry employed 40,730 people during the year; 27,830 worked on farms and 12,900 in processing and wholesaling.

The total number of herds reached 11,970; average herd size was 419. Last year the industry had 5 million cows.

More like this

New Dairy Welfare Code Released, Takes Effect 2027

The first major update to the Dairy Cattle Code of Welfare in more than a decade has been released, marking what DairyNZ describes as an important step in ensuring animal welfare standards continue to evolve alongside scientific evidence and on-farm realities.

Featured

Breckenridge to Lead Lactalis Australia

Global dairy giant Lactalis has integrated its Australian operations with the Mainland Dairy consumer business it acquired from Fonterra earlier this year.

National

Machinery & Products

» Latest Print Issues Online

The Hound

'LinkedIn Greens'

OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities…

UK Warning

OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter