$8 final milk price likely
An $8/kgMS farm gate milk price is still on the cards with less than six weeks left to run this season.
Whole milk powder prices have recorded their biggest jump in five months in the overnight Global Dairy Trade (GDT) auction.
WMP prices rose 5% to US$3182/metric tonne. It is now sitting close to its year high price of US$3233/MT achieved in January this year.
The biggest jump in WMP price this year was achieved in July - by a whopping 14%.
The overnight GDT price index rose 4.3% compared to the previous auction.
AMF index up 2.6%, average price US$4,278/MT
Butter index up 3.8%, average price US$3,986/MT
BMP index up 1.3%, average price US$2,731/MT
Ched index up 2.4%, average price US$3,734/MT
LAC index up 13.5%, average price US$1,004/MT
SMP index up 3.6%, average price US$2,889/MT
SWP index not available, average price not available
WMP index up 5.0%, average price US$3,182/MT
Third-year student Cady Burns has won the Waikato Regional Council Prize in Water Science for 2024.
The Rural Change programme, providing free private mental health professional sessions to the rural industry, is set to continue its next chapter within Rural Support Trust from 1 July 2024.
Beef + Lamb New Zealand chief executive Sam McIvor will step down in July.
A new report shows farm employers across the dairy, sheep and beef, and arable sectors have continued to invest strongly in one of their greatest assets – their staff.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.