increase font size
The platform has been developed by a New Zealand dairy processor and global supply chain solutions company Czarnikow.
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.
The app-based platform has been developed by a NZ dairy processor and global supply chain solutions company Czarnikow (CZ).
CZ was founded in London in 1861 and has developed similar tools for sugar beet farmers to set fixed prices for physical sugar beet grown in the UK and Europe.
This app-based tool marks their entry into the New Zealand market.
The launch follows a successful pilot with a group of farmers, who highlighted the speed, clarity, and simplicity the physical milk pricing tool brings to the pricing process.
What began as a pilot programme is now moving into broader commercial use and the platform is now positioned to support wider farmer participation.
Will Rook, chief executive of CZ, says New Zealand is the ideal country to launch the innovation.
"One of the hardest things about being a New Zealand dairy farmer is being at the whim of global markets which fluctuate due to issues well beyond the average farmer's control," says Rook.
"This tool allows farmers to fix the price of part of their physical milk, helping them plan further ahead."
Rook says that 30% of the world's dairy exports come from New Zealand, meaning Kiwi farmers should appreciate the ability to set fixed prices for physical milk with transparency and confidence.
"By bringing physical milk pricing into a unified digital channel, CZ is delivering a more modern, efficient, and farmer‑centric approach to milk price management.”
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.
A five-year study has found that the cost of reducing emissions without technology may be significant and unsustainable for Northland dairy farmers.
More than 640 dairy farmers and industry leaders gathered together at Rotorua's Energy Events Centre on Saturday night to celebrate the New Zealand Dairy Industry Awards where Southland couple Scott and Stacey Mackereth were named Share Farmers of the Year.
Buyers trying to secure supply are keeping dairy prices at elevated levels.
ANZ agri economist Matt Dilly looks at the impressive run of global dairy prices this year.
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”.
OPINION: No one messes around with Winston Peters, more so in a general election year.
OPINION: Staying on Federated Farmers, this week's annual general meeting in Auckland is shaping up to be an interesting one.
