Suppliers will probably be sighing with relief rather than jumping for joy, though.
Costs are also increasing and with more regulation part of the game now, meeting those rules will also add to outgoings.
Still, it all points to NZ dairy moving into a more secure, sustainable and profitable space.
Recent real estate figures, which show a sharp increase in the value of sales, also point to confidence in the sector.
With numbers this good it’s puzzling how the sector is still struggling to attract workers looking for a better life.
Bryan Gibson
Fonterra announces $8 forecast for new season
Fonterra's opening forecast for the 2021-22 season is $7.25-$8.75/kg MS, with a midpoint of $8/kg MS.
NZ could benefit from EU-UK carbon surge
Soaring carbon prices in the European Union point to continuing upside in the New Zealand market, which continues to sit significantly below its Continental counterparts.
Network for women in seed
More than 100 women working in the arable seed business shared the industry’s future insights at the Canterbury Women in Seed forum.
Things to consider before Moving Day
Rural insurer FMG has three tips for farmers and contract milkers to support a successful Moving Day this year.
SIDE makes history in Ashburton
The South Island Dairy Event (SIDE) will be held in Ashburton for the first time.
