ANZ Warns of Milk Price Risks as New Dairy Season Begins
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
ANZ is throwing its support behind the New Zealand Dairy Industry Awards (NZDIA).
It will sponsor the financial and business merit awards in the share farmer and dairy manager categories in four regions - Southland/Otago, Canterbury/North Otago, Waikato and Taranaki.
A representative from the bank will also judge the National Share Farmer of the Year category.
NZDIA general manager Robin Congdon says the bank is looking forward to working closely with the Awards team.
Lorraine Mapu, ANZ managing director for business, says celebrating success and best practice in our dairy industry is vitally important.
"New Zealand farmers are some of the best in the world and for many, it's not just a business. It's about generations of family commitment to an area, and way of life.
"Celebrating and supporting strong sustainable businesses is not only good for the industry, it's good for our customers, good for us, and good for New Zealand's future as a leading producer of world-class goods," Mapu says.
The New Zealand Dairy Industry Awards are supported by national sponsors DeLaval, Ecolab, Federated Farmers, Fonterra, Honda, LIC, MediaWorks, Meridian Energy, and Ravensdown, alond with industry partner DairyNZ.
Entries for the 2022 competition closed last week. National winners will be announced at a dinner in Christchurch on May 14.
New Zealand dairy farmers are set to be the first in the world to receive access to a new digital physical milk pricing tool that enables them to fix the price for their physical milk.
State farmer Pāmu is opening its farm gates this summer in an effort to give the rural sector the opportunity to see how large-scale, multi-system farming is delivering productivity and profitability across New Zealand.
A five-year study has found that the cost of reducing emissions without technology may be significant and unsustainable for Northland dairy farmers.
DairyNZ says Waikato farmers need certainty on Plan Change 1, but they say that certainty must be matched with practical, workable rules and a clear transition that doesn't get ahead of the new resource management system currently under review.
While the Government has moved quickly to make commercial hauliers' lot easier during the current fuel crisis, they appear to be stuck in the creep box when it comes to the agricultural industry.
Waikato farmers have been told that the Government’s new planning system legislation and the region’s Plan Change 1 (PC1) “won’t mesh together very well”.