Dairy sector profit still on the table, but margin gap tightens
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
The new strategic vision for the dairy sector will lead to a longer term conversation about what New Zealand’s future farm and food systems could look like, says DairyNZ Chief Executive Tim Mackle.
“We are proud of our achievements over the last decade,” says Dr Mackle. “It’s set us up to address the challenges and opportunities we now face as a result of the growth we’ve experienced over recent years.”
“Our shared vision is to improve lives with every drop of New Zealand milk, whether those are the lives of our dairy people, our communities or our consumers.
“We believe sustainable dairy farming has a critical role to play in New Zealand's future prosperity and wellbeing- a future with a focus on farming within environmental limits while maintaining our profitability and success on the global market.”
The ‘Dairy Tomorrow’ strategy has six commitments and 22 corresponding goals. Mackle says some goals have firm time frames in place while others are more aspirational.
“We want to begin straight away collaborating on strategies and actions toward achieving swimmable waterways and finding new opportunities to reduce or offset our greenhouse gas emissions. These actions will be ongoing priorities,” says Mackle.
