Dairy’s economic outlook and what it means for farmers | Ep. 88

Talking Dairy

In this episode of Talking Dairy, we cover recent financial shifts that have farmers feeling cautiously optimistic. Over the past few seasons, dairy farmers have been grappling with high costs, increasing interest rates, and unexpected drops in milk price forecasts. But with improvements in the forecast milk price and the cost of borrowing starting to ease, could there be brighter times ahead?

Joining us are Mark Storey, Head of Economics, and Mark Speight, Farm Systems Specialist at DairyNZ. They break down what these financial changes mean for your farm’s bottom line and discuss how farmers can balance input costs with sustainable profitability. Plus, we’ll hear insights into the impact of extreme weather on farm systems, how regions like Southland are coping with a tough spring, and strategies to future-proof farms for the seasons ahead.

Whether you’re looking to understand the financial landscape or explore practical tips on resilience, this episode offers valuable takeaways to help you navigate the current season and beyond.
Access tools and resources:

• Budgeting resources and templates
• View the Econ Tracker

Disclaimer: The content in this podcast includes general commentary on market trends. It should not be considered as investment advice. Certain transactions, such as those involving futures, options, and high-yield securities, carry significant risks and may not be appropriate for all investors. We advise seeking independent legal or financial guidance before making any investment decisions.

Have feedback or ideas for future episodes? Email us at [email protected]

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Разделы

1. Introduction (00:00:00)

2. Southland and Otago's tough spring (00:04:12)

3. How recent changes will impact farmers and the wider economy (00:05:15)

4. Striking a financial balance on-farm (00:08:47)

5. Where to find budgeting tools and resources (00:11:16)

6. Effects of OCR cuts on borrowing costs (00:11:56)

7. Production this season vs last season (00:13:38)

8. Tips for coping with extreme weather (00:15:39)

9. What to watch for on the global stage? (00:18:00)

10. What are farmers doing to spread their risk? (00:20:39)

11. Tips for farm systems resilience and profitability (00:22:29)

12. Episode summary (00:24:42)