$10/kgMS Milk Price Looks Possible as Powder Prices Climb
A farmgate milk price of $10/kgMS this season is firming up as milk powder prices soar and the New Zealand dollar weakens.
A business trip to India, organised by ANZ Bank, has generated new business for several primary produce customers who took part.
Late last month ANZ took 13 New Zealand businesses, including meat, dairy, wine, fruit and juice exporters, on an eight-day trip to India – a key destination for New Zealand businesses looking to expand.
The group visited Delhi, Mumbai and Bangalore, and attended 109 meetings with prospective buyers, customers, business partners and Kiwi companies already working in India. Business workshops were held by ANZ India, NZTE, the New Zealand High Commissioner to India, KPMG and AZB Partners.
"The goal was to give customers a better understanding of how to do business in India and connect them with ANZ's networks in India that will help them expand their business into this enormous market," says Sunil Kaushal, ANZ Head of India Relations.
"Already the new connections have paid off for several customers, who have secured new orders for their produce, while others built relationships that are expected to lead to more export orders."
Students will be able to study Agriculture and Horticultural Science from Year 11, creating a clear pathway into Years 12 and 13 and future careers in New Zealand’s primary industries, Education Minister Erica Stanford says.
With fireworks on sale from today and the election five days away, the NZ Veterinary Association says the issue deserves another look.
Farmlands has reported higher operating earnings and a profit before income tax of $4.5 million, up 118.9%, for the year ended 30 June 2026.
AgriZeroNZ has invested a further NZ$17.7 million in methane vaccine developer ArkeaBio and NZ$5.1 million in BioLumic, a New Zealand-founded company that uses ultraviolet light to develop low-emissions pasture..
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
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