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Cooper Aitken's annual benchmarking of 134 dairy farms shows Waikato, New Zealand farmers had a strong 2025-2026 season with about 7% production gains and high milk payouts. Operating costs rose sharply, with owner-operator costs reaching $5.99/kgMS from $5.45, driven by supplementary feed, fertilizer and animal health inflation.
Higher production supports regional milk supply, while rising feed and fertilizer costs compress farm margins and may tighten demand for supplementary feed and fertilizer inputs.
en.edairynews.comDamián MoraisNov 1, 2026After 136 past neutral report events, Milk (Class III) moved a median -0.1% over 5 sessions (43% higher; middle half -0.7% to +0.5%), and -0.3% over 20.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
