Dairy
Fonterra GMP scheme – should I or shouldn’t I? In a market of declining international milk powder prices the Fonterra GMP scheme has been under-subscribed for two times in a row. In fact only 180 farmers took advantage of the latest offer. Go figure! The irony is that...
Dairy, Tax Stuff
Dairy Farmer saves tax using Income Equalisation The average Dairy Farmer should be able to save $20,000 in tax over two years by utilising the Income Equalisation Deposit Scheme as a result of the Fonterra Farmgate Milk Price falling from $8.40 for the 2013/14 Season...
Dairy
Forecasted Dairy Milk Pay-out will put pressure on moderate to high debt farmers Recent international auction prices indicate a dairy pay out below $5.00 per kg of Milk Solid due to the trifecta – high exchange rates, high supply and low demand. The exchange rate...