NZ dairy farmers can rejoice as dairy auction prices jump by 4.3 per cent

December 02, 2020 03:37 PM AEDT | By Team Kalkine Media

NZ dairy farmers can rejoice as dairy auction prices jump by 4.3 per cent

New Zealand dairy farming growing at a fast pace

Dairy farming is a massive sector in New Zealand and the prominent earner in the export section. The dominance of the industry can be understood with the fact that the dairy cows’ numbers are equivalent to the population of the country.

In 2019, the sector had employed more than 40,000 people with many of them employed with the farms. The work mainly includes milking cows, monitoring their health, and treating them when they are unwell, put up temporary fences, monitoring available grass and supplementary feed, help in calving, feeding animals and many such related jobs.

The sector is experiencing a transformation right now, and hence people aspiring to take up such jobs needs the required qualifications and training.

Also read: Fonterra Increases Farmgate Milk Prices as Demand from China Rises

Government’s big bet on the primary sector amid the coronavirus crisis

NZ government is counting on the primary sector for economic recovery from the pandemic crisis. It has invested a whopping NZD 232 million in the industry to support more than 10,000 people into jobs.

Agriculture Minister Damien O'Connor had mentioned that the farmers, producers, and growers would be the main contributors in the economic recovery. Though the country managed the crisis well, the economic shock is like the one seen in the Great Depression era, and the government is committed to putting the economy back on the track.

NZ government also allocated NZD 5.4 million to improve regional support for animal welfare in the country. The amount will be spent over four years.

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