Sharechat Logo

NZ produces record volumes of milk in April as weather boosts pasture growth

Thursday 17th May 2018

Text too small?

New Zealand milk processors collected record levels of milk in April as favourable weather boosted pasture growth.

The country produced 148,177,000 kilograms of milk solids in April, up 3.1 percent from the year earlier month and the highest ever level recorded for the month, according to data released today by the Dairy Companies Association of New Zealand. 

"Weather conditions have been extremely favourable, with the warm wet conditions boosting pasture production and therefore milk production,"  said AgriHQ chief analyst Susan Kilsby. "Pasture conditions have been above average through autumn. However we did also have an exceptional autumn last season, and so expectations were that milk production would not be able to match that this year.

"Dairy farmers have been able to milk more cows later into the season than normal due to having more pasture on hand than usual."

The New Zealand dairy season closes at the end of May and collections so far this season are 0.9 percent behind last season. Fonterra Cooperative Group, the country's dominant dairy processor, has said its milk collection this season is tracking 2 percent lower than last year due to difficult weather. That's a steeper decline than for the industry as a whole, suggesting rivals have picked up more of the national milk pool.

Dairy products are New Zealand's largest export commodity.

(BusinessDesk)



  General Finance Advertising    

Comments from our readers

No comments yet

Add your comment:
Your name:
Your email:
Not displayed to the public
Comment:
Comments to Sharechat go through an approval process. Comments which are defamatory, abusive or in some way deemed inappropriate will not be approved. It is allowable to use some form of non-de-plume for your name, however we recommend real email addresses are used. Comments from free email addresses such as Gmail, Yahoo, Hotmail, etc may not be approved.

Related News:

SPG - Change to Executive Team
BGI - Forgiveness of $200,000 of secured indebtedness
General Capital Subsidiary General Finance Market Update
AFT,Massey Ventures,Gilles McIndoe to develop scar treatmen
April 24th Morning Report
Cheers to many fewer grape harvest spills
GTK - Half-Year Results Announcement Date
Government ends war on farming
Sky and BBC Studios renew expanded, multi-year agreement
AOF - Q1 Improved Trading Performance & FY24 Guidance Maintained