Reserve Bank rules bleeding farmers dry - Feds
There are calls for the Reserve Bank to drop its banking capital rules, which Federated Farmers says is costing farmers a fortune.
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.
There are calls for the Reserve Bank to drop its banking capital rules, which Federated Farmers says is costing farmers a fortune.
Beef + Lamb New Zealand (B+LNZ) is calling on livestock farmers to take part in a survey measuring the financial impact of facial eczema (FE).
Soon farmers and working dog breeders will be able to have a dog that best suits their needs thanks to a team of researchers at Massey University.
OPINION: President Donald Trump's bizarre hard line approach to the world of what was once 'rules-based trade' has got New Zealand government officials, politicians and exporters on tenterhooks.
With wool prices steadily declining and shearing costs on the rise, a Waikato couple began looking for a solution for wool from their 80ha farm.
The Horticulture New Zealand (HortNZ) team is looking forward to connecting with growers at the upcoming South Island Agricultural Field Days, says HortNZ chief executive Kate Scott.