“Put a brake on costs dairy farmers”
Friday, March 26th, 2010NZ hasn’t just lost its place as the world’s lowest cost dairy producer, our costs are now on a par with Ireland, a multi-national farmer with a foot in both camps told last week’s Large Herds Conference. Clinton has 1450ha and 2500 cows in Southland, plus dairy farm investments in the US and his home country, Ireland. Increased land values and a massive debt burden are key factors reports Rural News. NZ’s farmers need to recognise the problem and stop unnecessary spending, he says.
Some farmers have backed away from the day to day running “maybe a bit too much. There’s a case for a bit more personal involvement… The further you are away from milking the cows, the more it costs.”Banks should offer the lowest possible rate. Farmers are the best possible business they can get and they should be doing it as cheaply as possible. They may not get a huge margin but there are very few defaults.”









