DairyNZ has released an updated national average breakeven figure for the season of $7.51 excluding principal repayments on debt. That means on average, farmers will be losing at least 76 cents on every Kg/MS they produce this season. Federated Farmers Dairy Chair Richard McIntyre says Two weeks ago, farmers were looking at a midpoint of $8/kg MS, but things have rapidly deteriorated and we’re now looking at $6.75.
Recent Post
- Scott St John Will Step Down From The Fonterra Board, Effective From March Next Year
- A Big Celebration For The Dairy Women’s Network In Waikato Today As The Organisation Turns 25
- Snack-Sized Apple Business Rockit Global Is Expanding Into The South Island To Build Its Growing Base
- Newly Minted Agriculture And Trade Minister Todd McClay Plans To Visit India In The Next Fortnight
- A $600 Million Solar Farm Planned For The Mackenzie Basin Will Power Up To 100,000 Homes