Economists have been hiking their expectations for Fonterra’s milk payment to farmers for this season, with most now expecting the co-operative to pay the highest level since it was founded 20 years ago.
In late October, Fonterra lifted and narrowed its forecast for the 2021/22 season to between $7.90 and $8.90 per kilogram of milk solids. The midpoint of the range, which farmers are paid off, increased to $8.40 per kgMS, matching the previous record paid in the 2013/14 season.
Since then, tight milk supply and continued demand have underpinned prices on the Global Dairy Trade auction platform, prompting economists to raise their forecasts even higher, with BNZ and Westpac both picking an $8.90/kgMS milk price, ANZ at $8.80/kgMS and ASB at $8.75/kgMS. . .
“Some days it’s difficult to comprehend what I see in the news,” says National Agriculture spokesperson Barbara Kuriger.
“Unbelievably, and thanks to Louis Houlbrooke of The Taxpayers Union and Scoop Independent News, I learnt on Monday taxpayers have funded the anti-dairy documentary ‘Milked’ to the tune of $48,000 — a ‘finishing grant’ given by the New Zealand Film Commission.
“Houlbrooke said in the story the 40,000 Kiwis employed in the dairy sector wouldn’t be happy to know they’ve funded a film that attacks their livelihoods.
“I can tell you right now, as a farmer and MP for a huge rural electorate, we are not! It is a real slap in the face to a sector which brings in 80% of the country’s export revenue. . .
Kiwi dairy farmers hit a new high for milk production last season with fewer cows, showing that a focus on breeding higher performing cows is paying off.
The annual New Zealand Dairy Statistics report, released today by DairyNZ and Livestock Improvement Corporation (LIC), shows that total milk volume, total milksolids and per cow production were the highest on record in the 2020-21 season.
New Zealand has 4.9 million milking cows – down from 4.92 million the previous season, and they produced 1.95 billion kilograms of milksolids.
DairyNZ Chief Executive Dr Tim Mackle says it is great to see a continuation of the “more milk from fewer cows” trend because it shows a continuing focus on milking better cows and farming even more sustainably. . .
New Zealand’s national honey production in the 2020/2021 season was down 24% on the previous season and the average honey yield per hive fell 18%, according to the 2021 Apiculture Monitoring Report released by the Ministry of Primary Industries this week.
Beekeeping for the season ended June 2021 proved to be more challenging than recent seasons, with the national honey production down 24% on the 2019/2020 year to 20,500 tonnes, while the average honey yield per hive fell 18% to 25kgs.
These findings will not be surprising to beekeepers, says Apiculture NZ CEO Karin Kos. “Last summer presented more challenging weather conditions than the previous season when the harvest was aided by excellent weather across the country. . .
Matthew and Catherine Dwan’s aim to use a 139 hectare North Canterbury Farm in a more profitable and planet-friendly way, looks set to create the largest exporter of truffles south of the equator.
In fact, when the NZ Truffle Company’s plantation of 37,500 trees reaches full maturity in 2036, production is expected to be the largest yield in the southern hemisphere.
“At capacity, we’ll be producing around 17,250 kg of Black, White and Burgundy truffles,” says Matthew Dwan, who, along with his partner Catherine set up the NZ Truffle Company in 2017.
The crop, worth between $2500 and $3500 per kilogram, will be exported to Europe, the Middle East and Asia, where there’s a huge demand in the luxury food market for the counter seasonal supply of what’s known as “plant-based caviar”. . .
Bronte Gorringe has always aspired to be a leader in the agricultural industry and sponsorship to attend a renowned development program will bring her closer to her goal.
Ms Gorringe is being sponsored by the DemoDAIRY Foundation to attend the Marcus Oldham Rural Leadership Program in May next year.
Participants are encouraged to have industry support via sponsorship and DemoDAIRY Foundation would consider supporting additional applicants.
Ms Gorringe had expected to complete the five-day intensive workshop in 2021, but it was delayed due to COVID. . .