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July 2018 Dairy Farming Update

Thursday, 26 July 2018 at 12:53pm

It has been a wet winter in some areas around New Zealand, with heavy rain and floods in some central and northern areas. Soil condition remains boggy in those areas with heavier soils. However, temperatures across the country have been fairly mild, soil temperatures are warmer than normal, growth is good, and farmers are reporting that cows are in good condition for calving.

Calving

Calving season in New Zealand takes place between July-October and is one of the busiest times of the year for farmers.  The beginning of July saw early calves arriving in the Waikato, and by the middle of July calving was in full swing on New Zealand dairy farms.

Fieldays 2018

This year was the 50th Anniversary for Fieldays New Zealand, held at Mystery Creek.  Organisers reported that it was also the most successful Fieldays in its 50-year history “Fuelled by an upbeat outlook across the primary sector, foot traffic and enquiry was up for site holders.  Thursday saw record foot traffic, with 35,704 people through the gate. Forecast milk payouts and high commodity prices suggested spending could be up 10 per cent on last year's record.”

Global Dairy Trade Auction

It looked like bad news on the 10th anniversary of Fonterra's Global Dairy Trade Auction, with a 5.0 per cent slump overnight and Whole Milk Powder plunging 7.3 per cent.  However, “Fonterra's COO Farm Source Miles Hurrell says it's not all bad news when he spoke to The Country's Jamie Mackay. Although Hurrell admits the result was "not a great start," he see a silver lining, as he expects renewed interest from buyers at these levels, and an insulating effect from a falling exchange rate.”