Tough times
OPINION: Dairy industry players are also falling by the wayside as the economic downturn bites around the country.
Westland Milk Products chairman Matt O'Regan says it's very hard to predict a payout price given the volatility of the international market.
Plantings of one the dairy industry's most popular supplements is way down right across the country.
Independent Waikato dairy company Tatua Cooperative has given its 114 suppliers a financial boost with a final payout of $7.10 per kilogram of milksolids for the 2014-15 season.
Independent Waikato dairy company Tatua Cooperative has given its 114 suppliers a financial boost with a final payout of $7.10 per kilogram of milksolids for the 2014-15 season.
Oceania Dairy has announced they will supply farmers with a guaranteed minimum milk payout of $4.50/kgMS for the 2015-16 season.
Farmgate milk price forecasts by at least two banks, ASB and BNZ, have now been hiked upwards to $5/kgMS for the 2015-16 season.
This season threw up a big challenge for dairy farmers in the low payout, but all hoped the weather might have been kind.
DairyNZ's general manager of extension, Andrew Reid, says dairy farmers are looking closely at their feeding systems in the light of the low payout.
OPINION: Dairy industry players are also falling by the wayside as the economic downturn bites around the country.
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