Media statement: Miraka announces strong Milk Price update for dairy farmers
Tuesday, 3 December 2024
FOR IMMEDIATE RELEASE
MEDIA STATEMENT
Miraka announces strong Milk Price update for dairy farmers
Low-carbon dairy company, Miraka, has announced a strong update to its base Milk Price with a mid-point of $9.60 per kilogram of milk solids (kg/MS), and a range of $9.10 to $10.10 per kg/MS.
Chief Executive, Karl Gradon, said “We’re pleased to be announcing an increase in our milk price for our dairy farmers, following a period of strong performance of commodity prices and sales.”
“In October, we forecast a season payout of $9.17 per kg/MS. Our announcement today, of a mid-point of $9.60 per kg/MS, which takes our overall forecast for the 2024/25 season to $9.77 per kg/MS, including incentives, is highly competitive and has been well received by our dairy farmers.”
Joan Barendsen, General Manager, On-Farm Excellence, said “Our dairy farmers work hard to be industry-leaders when it comes to milk quality, kaitiakitanga and animal welfare. We’ve come out with a strong milk price update to underpin their efforts and commitment to farming excellence.”
Dairy farmers who supply milk to Miraka can earn an additional premium of up to $0.20 per kg/MS under the company’s on-farm excellence programme, Te Ara Miraka.
Miraka has paid more than $25 million in premiums to milk suppliers since 2015.
ENDS.
MEDIA ENQUIRIES:
MIRAKA
Te Mahau Kingi – Communications Manager
Email: comms@miraka.co.nz Mobile: +64 21 236 9115
Such a strong and positive milk price update from Miraka! It’s fantastic news for the dairy farmers and local agricultural community who work so hard to maintain high standards and sustainability. Reading encouraging business and farming updates like this always makes me want to take a nice, relaxing break. Whenever I finish reading and want a few minutes of casual fun, I usually head over to minigame to play some quick browser games. It’s completely free and you can play directly without any downloads, which is super convenient. Thanks for sharing this great update!
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