Dairy farmer profits to hit record levels in 2025
The profitability of dairy farmers is likely to increase in the coming year, accordign to the latest report by the Ministry for Primary Industries (MPI) on the outlook for the primary sector.
Export revenue from New Zealand's food and fibre sector is expected to reach a record $52.2 billion in the year to June 30, 2022.
Dairy export revenue is on track to reach a record high of $21.6 billion, 13% higher than the previous year.
Agriculture Minister Damien O'Connor says the latest Situation and Outlook for Primary Industries (SOPI) report, released last week, shows that this will be the first time we've hit more than $50 billion in food and fibre exports, an increase of almost 10% on the previous year.
"This is a tremendous result for the sector as farmers, growers and others in the supply chains who play such a critical role in our economy.
"They have continued to deliver quality products for Kiwis and overseas consumers while navigating global disruption and uncertainty.
"Our markets abroad are demanding high-quality products that are made with care, and this report indicates our exporters are responding to these market signals.
"To that end, the Government is investing to support farmers and growers to deliver food and fibre with low emissions and high sustainablity, which will provide us economic security."
Damien O'Connor said the SOPI, released by the Ministry for Primary Industries (MPI), forecast significant growth across the majority of our food and fibre exports.
NZPork has appointed Auckland-based Paul Bucknell as its new chair.
The Government claims to have delivered on its election promise to protect productive farmland from emissions trading scheme (ETS) but red meat farmers aren’t happy.
Foot and Mouth Disease outbreaks could have a detrimental impact on any country's rural sector, as seen in the United Kingdom's 2000 outbreak that saw the compulsory slaughter of over six million animals.
The Ministry for the Environment is joining as a national award sponsor in the Ballance Farm Environment Awards (BFEA from next year).
Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.
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