DairyNZ lifts breakeven milk price forecast to $8.68 for 2025/26 season
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
DairyNZ chairman Jim van der Poel says science and farmer innovation will once again find solutions to challenges facing the dairy sector.
Addressing the DairyNZ Farmers Forum in Cambridge, he says the dairy sector is facing different challenges today than what it faced three decades ago.
“Some are a result of our success,” he says.
“The research we did in the 80’s and 90’s helped dairy to outcompete other land uses and we saw dairy expand, especially in the South Island.”
The dairy sector grew by 100% between 1985 and 2015. This meant dairying became more intense and covered a larger area.
Van der Poel says this increased our environmental footprint and the number of high-quality people needed to run those operations.
“And once again science and farmer innovation will be a key factor in finding solutions.”
He says DairyNZ is currently in the decade of research into methane reduction, nitrogen leaching and changing the job on farm through modern farming practices and technology.
Van der Poel says in his view, dairying has a great future.
“We are globally recognised for the quality of what we produce.
“The commitment to funding the science we need to do to resolve today’s issues together with our innovation and resilience will help us get there.”
OPINION: Ministry for Primary Industries' situation outlook for primary industries report (SOPI) makes impressive reading.
Sheep and beef farmers Matt and Kristin Churchward say using artificial intelligence (AI) to spread fertiliser on their sprawling 630ha farm is a game changer for their business.
Commercial fruit and vegetable growers are being encouraged to cast their votes in the Horticulture New Zealand (HortNZ) board directors' election.
A unique discovery by a Palmerston North science company, Biolumic, looks set to revolutionise the value and potential of ryegrass and the secret is the application of ultraviolet (UV) light.
A New Zealand company is redefining the global collagen game by turning New Zealand sheepskin into a world-class health product.
With further extreme weather on the way, ANZ Bank is encouraging farmers and business owners impacted by the recent extreme weather and flooding to seek support if they need it.
OPINION: Dust ups between rural media and PR types aren't unheard of but also aren't common, given part of the…
OPINION: The Hound hears from his canine pals in Southland that an individual's derogatory remarks on social media have left…