Record final milk price for Miraka suppliers
Farmers supplying milk to Taupo-based processor Miraka are getting a 2024-25 season base milk price of $10.16/kgMS.
While many around the country are embarking on their annual Christmas break, it will be business as usual for the country's second largest milk processor.
As dairy farmers continue milking cows, Open Country Dairy will be processing milk and getting product to market.
“The well-oiled Open Country machine with all plans in place won’t be missing a beat,” says chief executive Steve Koekemoer.
“Demand for our high-quality products has remained robust over the past couple of months and it is certainly turning out to be a solid season for dairy.”
With New Zealand now past the peak months and global milk supply soft, Koekemoer expects pricing to remain at the elevated levels.
“The recent auction results have confirmed this view and it was once again good to see customers outside of China stepping up.
“More encouraging is the fact that we have spread our product mix and all our products are delivering outstanding returns.”
He points out that in the past many have seen OCD only as a whole milk powder (WMP) supplier.
“But over the last few years we have invested in diversification and are now offering other products like more cheese, skim milk powder SMP, anhydrous milk fat (AMF), cream and will add lactose and concentrated products in the near future.
“Having a basket of products to choose from certainly has its advantages to ensure we are always competitive and can extract maximum value from the market.”
Fonterra's 2025/26 financial year is off to a strong start, with a first quarter group profit after tax of $278 million- up $15m on the previous year.
Government plans to get rid of regional councillors shows a lack of understanding of the fundamental problem affecting all of local government - poor governance.
It’s official, lamb will take centre stage on Kiwi Christmas tables this year.
For over 20 years, Whakatane farmer Gerard Van Beek has been attending Fonterra annual general meetings with the same message - it's time to include lactose in the co-op's farmgate milk price model.
Retiring Fonterra director Andy Macfarlane believes the co-operative has made good progress over the past decade but adds that there's still a way to go.
Visiting US climate change expert Dr Will Happer says the idea of reducing cow numbers to greatly reduce methane emissions is crazy.

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