BNZ: $10 milk price now unlikely for 2025/26 season
The chance of a $10-plus milk price for this season appears to be depleting.
BNZ says it is backing aspiring dairy farmers through an innovative new initiative that helps make the first step to farm ownership or sharemilking a little easier.
BNZ’s First Farm proposition helps lower barriers to entry for first-farm buyers or those buying their first dairy herd by reducing deposit requirements.
It also pairs every approved customer with an experienced farmer mentor for their first two seasons. This is to help ensure their first steps into farm ownership or sharemilking are a success.
BNZ general manager agribusiness and corporate banking Dave Handley says farmers are the backbone of our rural communities and contribute significantly to the economy.
“For many young farmers, getting their first foothold on the farming ladder is very challenging. First Farm is about bridging that gap by making ownership more achievable,” says Handley.
Matt McRae, a farmer from Mokoreta in Southland who runs a sheep, beef and dairy support business alongside a sheep stud, has been elected to the Beef +Lamb NZ Board as a farmer director.
Ravensdown's next evolution in smart farming technology, HawkEye Pro, was awarded the Technology Section Award at the Southern Field Days Farm Innovation Awards in February 2026.
While mariners may recognise a “dog watch” as a two-hour shift on a ship, the Good Dog Work Watch is quite a different concept and the clever creation of Southland siblings Grace (9) and Archer Brown (7), both pupils at Riverton Primary School.
Philip and Lyneyre Hooper of the Hoopman Family Trust have tonight been named the Taranaki Regional Supreme Winners at the Ballance Farm Environment Awards.
We are not a bunch of sky cowboys. That was one of the key messages from the chairperson of the NZ Agricultural Aviation Association (NZAAA) Kent Weir, speaking at an education day at Feilding aerodrome for 25 policymakers and regulators from central and local government and other rural professionals.
New Zealand's dairy and beef industries say they welcome the announcement that the Government will invest $10.49 million in the Dairy Beef Opportunities (DBO) programme.
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