'Leaving Paris' not a good idea
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We will see a $8/kgMS milk price again – but we will also see $4/kgMS again, says New Zealand special agricultural trade envoy Mike Petersen.
Market insight and intelligence will be very important in next months, he told an Agcarm conference in Auckland yesterday.
"We shouldn't be surprised by volatility – I have been talking about this for the last 10 years," Petersen said.
Just in time delivery by retailers is one influence. "Volatility is here to stay – we need to come to terms with it," he said.
New Zealand dairy is 30% of all cross border trade, and that is the first to be hit by volatility.
We need to be more resilient, Petersen said, and farmers should set their business up to be more resilient in the face of volatility. Nevertheless he said, the future is extremely bright.
Earlier Jacqueline Rowarth told the conference Beef and Lamb analysis showed we did not market – an example, Wales spend $57 per tonne of product – New Zealand, $11.
Failing to market food at premium quality is costing New Zealand producers dearly, she said.
OPINION: Sir Lockwood Smith has clearly and succinctly defined what academic freedom is all about, the boundaries around it and the responsibility that goes with this privilege.
DairyNZ says its plantain programme continues to deliver promising results, with new data confirming that modest levels of plantain in pastures reduce nitrogen leaching, offering farmers a practical, science-backed tool to meet environmental goals.
'Common sense' cuts to government red tape will make it easier for New Zealand to deliver safe food to more markets.
Balclutha farmer Renae Martin remembers the moment she fell in love with cows.
Academic freedom is a privilege and it's put at risk when people abuse it.
All eyes are on milk production in New Zealand and its impact on global dairy prices in the coming months.
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