Farm Buzz

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Reserve Bank capital changes fall short of expectations

Federated Farmers says changes to bank capital settings will save farmers some money, but don’t go anywhere near far enough to make a meaningful difference or unlock economic growth.

The Reserve Bank has today announced the results of its review into bank capital settings, easing the amount banks need to hold as a buffer against losses.

Federated Farmers banking spokesperson Mark Hooper says while the changes will deliver some savings for farmers, they fall well short of expectations.

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Taranaki Farmers win back voice on council committee

Federated Farmers has successfully fought to keep a farmer representative on a key Taranaki Regional Council committee, overturning a controversial earlier decision.

"We’re thrilled the council has recognised how important it is to have practical, on-the-ground knowledge at the table when shaping decisions that affect the region," Federated Farmers Taranaki president Leedom Gibbs says.

"Taranaki Regional Council’s earlier decision was unfair and made without warning or consultation, overlooking a community whose work underpins the local economy.

"But credit to them - they’ve recognised the value of Federated Farmers and reversed their earlier stance."

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Lois Natta Lois Natta

Working towards cooler cows

With New Zealand cows grazing outdoors and directly exposed to the sun, heat stress is a growing challenge. It affects cow comfort, productivity and wellbeing – and farmers are looking for practical, proven options to manage the risk.

Heat stress occurs when cows can’t shed excess heat, leading to discomfort and reduced milk production and with warmer, drier summers, the risk of heat stress is set to rise across all dairy regions.

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Profit still on the table, but margin gap tightens

DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.

Despite the Fonterra forecast farmgate milk price easing to a midpoint of $9.50/kgMS, the overall outlook remains positive with a forecast breakeven milk price of $8.50/kgMS.

DairyNZ Head of Economics, Mark Storey, says the sector remains optimistic, but farms should continue to monitor costs heading into the new year, as increased global milk supply has put downward pressure on dairy commodity prices.

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Topcross Genetics to offer their best for sale

Topcross Genetics to offer their best for sale

Arguably the highest Breeding Worth (BW) group of crossbreds to sell to date will be marketed in the Topcross Limited Edition Sale in late March 2026.

The South Canterbury operation is contract milked by Philip and Julia Harrison with Philip’s brother, John, in the 2IC position. Philip, 26, and Julia are moving on to a new employment opportunity next season as they work towards their ultimate goal of farm ownership.

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Lois Natta Lois Natta

Brian Carscadden joining the NZ DairyEvent judging team

The NZ DairyEvent is excited to welcome Brian Carscadden (Ontario, Canada) to oversee the Holstein judging from: 𝐒𝐮𝐧𝐝𝐚𝐲, 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟐𝟓 𝐭𝐨 𝐖𝐞𝐝𝐧𝐞𝐬𝐝𝐚𝐲, 𝐉𝐚𝐧𝐮𝐚𝐫𝐲 𝟐𝟖.

We thank Brian for joining the NZ DairyEvent 2026 judging team. We hope to welcome Tanner Schmaling in the future, after his plans had to be changed for 2026.

𝐇𝐎𝐋𝐒𝐓𝐄𝐈𝐍 – 𝐁𝐑𝐈𝐀𝐍 𝐂𝐀𝐑𝐒𝐂𝐀𝐃𝐃𝐄𝐍
Ontario, Canada
Executive Senior Manager, Blondin Sires Inc.

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Lois Natta Lois Natta

‘Stunning’ global milk production growth drives dairy prices lower – Rabobank Global Dairy Quarterly

New Zealand farmers have been setting new milk solid records each month from May to September 2025, with the peak month of October the third highest output on record.

“South America is also shaping up to deliver a significant annual volume increase, and output from the Big-7 (the EU, the US, New Zealand, Australia, Brazil, Argentina and Uruguay) is forecast to finish 2025 up 2.2% year-on-year.

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Lois Natta Lois Natta

From guts to glory – Canterbury farmers encourage composting livestock mortalities

Canterbury Regional Council (Environment Canterbury), several industry partners and a group of farmers are encouraging their peers to consider composting as an environmentally friendly alternative.
Environment Canterbury is the first regional council to offer practical, in-depth guidance for farmers on how to compost animal mortalities on-farm. The guidance has been developed in partnership with a group of test farmers across Waitaha Canterbury, and with support from DairyNZ, Synlait, and Morven Glenavy Ikawai (MGI) Irrigation Company Ltd.

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Farm plastics recycling scheme gets green light

Building on voluntary schemes operating for nearly 20 years, the regulations establish a nationally consistent product stewardship framework for agrichemicals, their containers, and farm plastics – helping farmers cut waste, reduce environmental impact, and improve long-term productivity.

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Transitioning to the new planning system

“For more than 30 years the RMA has held New Zealand back. It has frustrated farmers and agribusinesses, slowed down housing, delayed infrastructure and added huge cost and complexity for councils, businesses and communities,” Mr Bishop says.

“Our new planning system will cut red tape, unlock growth and improve environmental outcomes. These transitional arrangements make sure people are not forced to navigate unnecessary costs or uncertainty as we move from the old system to the new one.”

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Resource consents are out

Resource Consents are out.

Today’s release of the Natural Environment Bill and Planning Bill to replace the Resource Management Act is a red letter day for the agricultural sector, Federated Farmers says.

"The RMA is the single biggest handbrake on growing agricultural productivity and rural economies. It's great to see its end come one step closer," Federated Farmers resource management spokesperson Mark Hooper says.  

"When farmers complain about expensive resource consents, unachievable freshwater targets, Te Mana o te Wai, and outstanding natural landscape overlays, these are all things that sit under the RMA legislation.

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Existing resource consents rolling over

Federated Farmers is welcoming news that the Government will be taking urgent steps to end the spiraling consenting crisis that has been hammering farmers and rural communities.

"This is a really practical and pragmatic step from the Government that will be a relief for thousands of farming families," says Federated Farmers vice president Colin Hurst."Consenting issues have been a hot topic in rural New Zealand with a lot of people wondering how the transition to new resource management laws will work in practice."Farmers have been faced with huge costs and uncertainty with consenting processes taking months - in some cases years. Quite rightly, they’ve been asking questions.

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Synlait has appointed new Chief Operating Officer

Synlait Milk Limited (Synlait) has appointed Richard Hickson as Chief Operating Officer (COO).Richard brings over 20 years of leadership experience in manufacturing operations across the global dairy and infant nutrition sectors. His career has spanned the Middle East, New Zealand, and The Netherlands, reflecting a deep understanding of international markets and operational excellence.

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Lois Natta Lois Natta

More than Milk – Building trust, value & legacy

Australia’s premier dairy event is shining a light on the forces shaping the future of the dairy industry – beyond milk production – to equip Australian dairy farmers with the insights and tools needed to navigate the emerging future challenges and seize new opportunities.

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The 12 pests ruining Christmas for farmers

"Pests and weeds aren’t just a minor nuisance; they’re an economic and environmental crisis causing serious problems for farmers and conservationists.

"They’re spreading disease, destroying native forests, killing native birds, chewing through farmer’s pasture, and in some cases eating newborn lambs - it’s absolutely devastating."

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Fonterra FY26 Q1 Business Update: Solid Start Amid Strategic Transformation

Fonterra Co-operative Group Ltd has released its financial update for the first quarter of fiscal year 2026, showcasing a promising start despite ongoing changes within the business. This report highlights key financial figures, strategic progress, and outlooks that illustrate Fonterra’s resolve to strengthen its position as a global B2B dairy provider.

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Dianna Malcolm Dianna Malcolm

The price of leadership is being first

Phil Empson’s hunger to refine animal welfare on his Waikato property –in among automation and industry firsts –means he is the first in the country to pull the trigger on cutting-edgetechnologies within a mind-blowing new facility at Richmond Downs Ltd, Orakau.

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