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.
The Government has announced changes to stock exclusion regulations which it claims will cut unnecessary costs and inflexible rules while maintaining environmental protections.
Technology and the use of artificial intelligence are increasingly part of life, both on the farm and off it.
Ashleigh Gordon and Leilani Lobb have been named as the two finalists for Dairy Women's Network's (DWN) 2026 Regional Leader of the Year Award.
Animal and Plant Health New Zealand (APHANZ) says the approval of a new fungicide seed treatment is a positive, however growers will be hoping the final approval is completed ahead of the spring season.
North Canterbury farmer Adam Williamson has been appointed DairyNZ's associate director for 2026-27.
Fonterra farmers are set for a multi-billion-dollar payout this week.
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