Operating profit per milksolid of dairy farms in New Zealand 2014-2023, by type

Operating profit relative to milksolids production of dairy farms in New Zealand from 2014 to 2023

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Source

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Release date

June 2024

Region

New Zealand, Australia and Oceania

Survey time period

2014 to 2023

Method of interview

Questionnaire

Supplementary notes

According to the source, the final number of herds included in this survey was 266 owner-operators and 109 50:50 sharemilkers.

The source defines owner-operator as receiving 100 percent of the milk revenue and either owns or leases both the herd and the land. A 50:50 sharemilker ownership structure owns the herd but not the milking land, and receives somewhere between 40 and 60 percent of the milk revenue.

National averages have been weighted by the regional proportion of herds. Years refer to dairy seasons; e.g. 2023 refers to the 2022-23 season.

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