Saturday, 02 March 2024 20:48

Maui Milk blames supply/demand imbalance

Written by  Sudesh Kissun
Maui Milk suppliers were told to end their 2023-24 season and stop milking. Maui Milk suppliers were told to end their 2023-24 season and stop milking.

Sheep milk processor Maui Milk says it’s one of many companies being impacted by the imbalance between supply and demand for New Zealand sheep dairy products.

“On Monday the 26th of February we decided to shorten our 2023/24 milking season early and are currently working with our suppliers on options for the 2024/25 season,” the company told Rural News.

“We pride ourselves on being the pioneers of New Zealand’s commercial sheep milking industry.

“Unfortunately, covid and now the current global economy has been very difficult on the entire dairy industry.”

Maui Milk suppliers were told to end their 2023-24 season and stop milking. Many are struggling to find alternative processors and are being forced to dry off early.

Federated Farmers is offering farmers support through the Rural Support Trust.

More like this

Rhymes with?

OPINION: The Feds' latest banking survey shows that bankers are even less popular with farmers than they used to be, despite falling interest rates, and the report still paints a damning picture of rural lending.

Tributes for leader

Tributes have flowed in from around the country for mid-Canterbury farming leader Chris Allen who died in a tragic accident on his farm near Ashburton.

Feds, banks lock horns

Major rural lenders are welcoming a call by farmers for the Commerce Commission to investigate their net-zero emissions target.

Getting Wellington out of farming

Agriculture and Trade Minister Todd McClay spoke at the Federated Farmers 'Restoring Farmer Confidence' tour meeting at Mystery Creek, Hamilton last month. Here's what he said:

Featured

New UHT plant construction starts

Construction is underway at Fonterra’s new UHT cream plant at Edendale, Southland following a groundbreaking ceremony recently.

National

Machinery & Products

GEA launches robotic milkers

Milking technology provider GEA Farm Technologies is introducing its first automatic milking system (AMS) in New Zealand.

More front hoppers

German seeding specialists Horsch have announced a new 1600- litre double-tank option that will join its current Partner FT single…

Origin Ag clocks up 20 years

With roots dating back to 2004, Origin Ag was formed as a co-operative business model that removed the traditional distributor,…

» Latest Print Issues Online

The Hound

Dark ages

OPINION: Before we all let The Green Party have at it with their 'bold' emissions reduction plan, the Hound thought…

Rhymes with?

OPINION: The Feds' latest banking survey shows that bankers are even less popular with farmers than they used to be,…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter