Displaying items by tag: milk production

Milk prices are volatile and difficult to predict so farmers should approach next season with caution. DairyNZ economists look at how the 2015-16 season could shape up.

February's production data released by DCANZ last week shows Fonterra’s drought impact warning was over-the-top and explains why markets have corrected so sharply, say analysts.

A Northland Partner Farm increased milk production by 34% over three years and cut farm working expenses by 27%.

The mission of mymilk is to “mix it up” with competitors rather than lose that milk, says Fonterra’s chairman John Wilson.

Dry conditions are also beginning to bite Fonterra’s North Island milk collection, which last month was 110 million kgMS – 1% lower than January last season. 

Three more dairy companies – Miraka, Open Country and Westland – are reporting milk flows dipping as dry weather starts to affect grass growth and production, despite reasonable rain in many places in the past week.

Fonterra Co-operative Group Limited has reduced its milk volume forecast for the 2014-15 season to 1,532 million kgMS, reflecting the impact of dry weather on production in recent weeks.

Current dry weather in Canterbury is expected to have little impact on Synlait Milk's milk supply because almost all Synlait suppliers have reliable irrigation water access.

Fonterra's milk collection in New Zealand for the seven months to December 31 reached 972 million kgMS, 4% higher than the same period last year, the cooperative says.

LIC SCIENTISTS HAVE discovered genetic variations which impact milk composition in dairy cows.