$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."
Farmers have until the end of this week to help shape DairyNZ’s future focus.
Wayne McNee, chief executive of AgriZeroNZ, has resigned and will leave the organisation on 15 January 2027.
The New Zealand dairy sector set a record in the 2025/26 season, producing more than two billion kilograms of milksolids for the first time.
Milk powder prices are continuing their merry run, firming up a potential $10/kgMS farmgate price this season.
Teachers are welcoming the outgoing Government’s U-turn allowing agriculture and horticultural science to remain a standalone Year 11 subject.
Outgoing ACT MP and dairy farmer Mark Cameron says Saturday’s election result reflects voters deeply impacted by the cost of living.

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