Dairy sector profit still on the table, but margin gap tightens
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
DairyNZ's long-serving chairman John Luxton will step down later this year.
Chairman since 2007, Luxton was a founding director of DairyNZ, during the transition from two earlier industry organisations – Dexcel and Dairy Insight.
Luxton began as a director with Dexcel in 2003.
DairyNZ today announced that nominations open this week for farmer-elected directors. Luxton is not seeking re-election.
Nominations open on August 5 and close on August 28, with voting held from September.
Two other directors' positions are up for election, with Michael Spaans and Ben Allomes retiring by rotation, but still eligible to stand for re-election.
Returning officer Anthony Morton says nominations must be received by 12noon on Friday, August 28.
All farmers paying a levy on milksolids to DairyNZ are eligible to stand for election.
An information pack outlining criteria and nomination requirements for the positions can be obtained from the returning officer or via the websites.
"If more than the required nominations are received, elections will be carried out by postal, fax and internet voting using the STV (single transferable vote) voting method. Votes will be weighted by annual milksolids production. Voter packs will be posted on September 14 to all registered DairyNZ levy payers," Morton says.
Results will be announced at the DairyNZ annual general meeting in the Waikato on October 13.
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.

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