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Dairy Farming Update August 2014

Wednesday, 27 August 2014 at 11:42am

The weather has been favourable across the country with mild winter conditions, and feed levels have remained at a good level.

The annual round of calf sales are underway in New Zealand.  Hereford-Friesian calves are selling at a premium, making $280-$380 a head for quality bobby calves.  The premium prices are a bonus for Waikato calf rearers who have had a couple of tough seasons due to weather and price uncertainty. 

You can read more about calving sales in New Zealand in this article on the Stuff Website

Federated Farmers’ Dairy Industry Group has elected Fielding farmer Andrew Hoggard as its new chairperson.  The Federation’s dairy council also elected Waikato’s Chris Lewis to be one of two vice-chairpersons, joining Kevin Robinson who was reconfirmed in that role. Two new members were also voted on to the executive team, Allan Baird and Wayne Langford. 

NZ Milk production has remained strong, the latest Dairy Industry statistics shows total NZ milk production in June totalled just over 11,000 kg of milk solids, up 13% from June 2013,

The 19th August Global Dairy Trade index fell 0.6%, the smallest decline in recent auctions. The falls were partly offset by gains in butter, Whole Milk Powder (WMP) and Anhydrous Milk Fat (AMF). Global Dairy Trade Website.

The NZX Agrifax China Dairy Report 2014, released last week, states that New Zealand is well positioned to take advantage of a 75 per cent increase in Chinese milk imports by 2020. Written by Agrifax senior dairy economist Susan Kilsby, the report concludes that while dairy prices have fallen this year, the long-term outlook for exports is good.

Read the full report - Agrifax China Dairy Report 2014