During the 2022-2023 dairy season, the average operating profit for owner-operator dairy farms in New Zealand was 2.57 New Zealand dollars per kilogram of milksolid. The value was much lower for 50:50 sharemilkers.
Operating profit relative to milksolids production of dairy farms in New Zealand from 2014 to 2023
(in New Zealand dollars per kilogram of milksolid)
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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DairyNZ. (June 24, 2024). Operating profit relative to milksolids production of dairy farms in New Zealand from 2014 to 2023 (in New Zealand dollars per kilogram of milksolid) [Graph]. In Statista. Retrieved December 03, 2024, from https://www.statista.com/statistics/1535644/new-zealand-dairy-farm-operating-profit-by-type/
DairyNZ. "Operating profit relative to milksolids production of dairy farms in New Zealand from 2014 to 2023 (in New Zealand dollars per kilogram of milksolid)." Chart. June 24, 2024. Statista. Accessed December 03, 2024. https://www.statista.com/statistics/1535644/new-zealand-dairy-farm-operating-profit-by-type/
DairyNZ. (2024). Operating profit relative to milksolids production of dairy farms in New Zealand from 2014 to 2023 (in New Zealand dollars per kilogram of milksolid). Statista. Statista Inc.. Accessed: December 03, 2024. https://www.statista.com/statistics/1535644/new-zealand-dairy-farm-operating-profit-by-type/
DairyNZ. "Operating Profit Relative to Milksolids Production of Dairy Farms in New Zealand from 2014 to 2023 (in New Zealand Dollars per Kilogram of Milksolid)." Statista, Statista Inc., 24 Jun 2024, https://www.statista.com/statistics/1535644/new-zealand-dairy-farm-operating-profit-by-type/
DairyNZ, Operating profit relative to milksolids production of dairy farms in New Zealand from 2014 to 2023 (in New Zealand dollars per kilogram of milksolid) Statista, https://www.statista.com/statistics/1535644/new-zealand-dairy-farm-operating-profit-by-type/ (last visited December 03, 2024)
Operating profit relative to milksolids production of dairy farms in New Zealand from 2014 to 2023 (in New Zealand dollars per kilogram of milksolid) [Graph], DairyNZ, June 24, 2024. [Online]. Available: https://www.statista.com/statistics/1535644/new-zealand-dairy-farm-operating-profit-by-type/