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.
Māori-owned milk processor Miraka is looking for a new chief executive following the resignation of Karl Gradon last week.
Gradon, who was appointed chief executive three years ago, is leaving for personal and family reasons.
Miraka chair Bruce Scott attrributed much of Miraka's recent growth and success during the past three years to Gradon's leadership and efforts resetting the business for future success.
"Karl Gradon has successfully navigated Miraka through a significant period of change, leading the reorganisation of the business to set Miraka up for long-term, intergenerational success, as was envisioned by our founding leaders and shareholders.
"There are many successes and wins we attribute to Karl's leadership. This includes building a strong senior leadership team, evolving from single products to optimising customer focus and our portfolio of value-added products."
Gradon says that leading Miraka has been a rewarding experience both professionally and personally.
"I am deeply proud of what we have accomplished together as a whānau and business. I am confident in the company's continued success.
"Our shareholders bestowed a set of values that I personally admire, and I look forward to seeing this values-based approach continue to flourish through the generations as our founders intended."
The Miraka board has begun a search for Gradon's replacement. Miraka chief operating officer, Richard Harding, is now acting as CEO.
BNZ says it is backing aspiring dairy farmers through an innovative new initiative that helps make the first step to farm ownership or sharemilking a little easier.
LIC chief executive David Chin says meeting the revised methane reduction targets will rely on practical science, smart technology, and genuine collaboration across the sector.
Lincoln University Dairy Farm will be tweaking some management practices after an animal welfare complaint laid in mid-August, despite the Ministry for Primary Industries (MPI) investigation into the complaint finding no cause for action.
A large slice of the $3.2 billion proposed capital return for Fonterra farmer shareholders could end up with the banks.
Opening a new $3 million methane research barn in Waikato this month, Agriculture Minister Todd McClay called on the dairy sector to “go as fast as you can and prove the concepts”.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.

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