Czarnikow Launches Digital Milk Pricing Tool in NZ
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.
OPINION: Dipping global dairy prices have already resulted in Irish farmers facing a price cut from processors.
In New Zealand, all eyes will be on Fonterra, which is currently forecasting a mid-point of $10/kgMS but a wide range of $9 to $11 for this season's milk.
In Ireland, DairyGold became the latest processor to slash its October price by 3.25c (NZ 6c). Other key Irish dairy processors Kerry Dairy Ireland and Lakeland Dairies slashed their prices as well.
The rationale behind the price reduction is explicitly tied to deteriorating international market fundamentals - a prolonged environment where strong global milk supply continues to exceed demand.
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”.