New Zealand Dairy Statistics 2014-15
DAIRY%20STATISTICS%202014-15-WEB-6%20NOV%2015
DAIRY%20STATISTICS%202014-15-WEB-6%20NOV%2015
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Graph 5.1: Trend in milksolids payout to dairy farmers for the last 30 seasons<br />
10.00<br />
9.00<br />
8.00<br />
7.00<br />
6.00<br />
Dollars<br />
5.00<br />
4.00<br />
3.00<br />
2.00<br />
1.00<br />
0.00<br />
1995/96<br />
1996/97<br />
1997/98<br />
1998/99<br />
1999/00<br />
2000/01<br />
2001/02<br />
2002/03<br />
2003/04<br />
2004/05<br />
2005/06<br />
2006/07<br />
2007/08<br />
2008/09<br />
2009/10<br />
2010/11<br />
2011/12<br />
2012/13<br />
2013/14<br />
<strong>2014</strong>/<strong>15</strong><br />
Season<br />
<strong>Dairy</strong> company payout (inflation adjusted)<br />
Average dairy company total payout ($/kg milksolids)<br />
B. <strong>Dairy</strong> farm land prices<br />
• <strong>Dairy</strong> farm land prices increase 9%<br />
Prior to 2011/12 Table 5.2 used data from Quotable Value (QV) on a calendar year. <strong>Dairy</strong> farm land sales are now based on data provided by<br />
the Real Estate Institute of <strong>New</strong> <strong>Zealand</strong> (REINZ) on a seasonal basis. Raw data provided by REINZ have been weighted by the number of farms<br />
in each region. The farms sold are considered to be economic units.<br />
The weighted average sale price of dairy farms increased to $5.23 million in <strong>2014</strong>/<strong>15</strong> (Table 5.2). The weighted average sale price per hectare<br />
of $39,577 increased 8.8% on the previous season.<br />
Table 5.2: Trend in dairy land sale values since 2009/10<br />
Season<br />
Number of<br />
dairy farms<br />
sold<br />
Weighted<br />
average sale<br />
price ($)<br />
Inflation<br />
Adjusted<br />
average sale<br />
price ($)<br />
Weighted<br />
average land<br />
area (ha)<br />
Weighted<br />
average sale<br />
price/ha ($)<br />
Inflation<br />
adjusted<br />
average sale<br />
price/ha ($)<br />
Weighted<br />
average sale<br />
price/KgMS ($)<br />
2009/10 90 4,113,264 4,491,280 130 31,653 34,562 39 1,099<br />
2010/11 143 4,119,017 4,272,100 126 32,735 33,952 38 1,<strong>15</strong>7<br />
2011/12 <strong>15</strong>7 4,514,365 4,638,046 139 32,376 33,263 41 1,168<br />
2012/13 197 4,375,251 4,464,542 130 33,557 34,241 36 1,176<br />
2013/14 312 5,174,010 5,195,659 142 36,369 36,521 42 1,195<br />
<strong>2014</strong>/<strong>15</strong> 244 5,228,018 5,228,018 132 39,577 39,577 44 1,200<br />
Source: Real Estate Institute of <strong>New</strong> <strong>Zealand</strong> (REINZ), <strong>Statistics</strong> <strong>New</strong> <strong>Zealand</strong><br />
Note: Number of dairy farms sold is for a season (01-Jun to 31-May) and excludes support blocks and non-economic units. Figures have been weighted by the<br />
number of dairy farms in each region. A change in weights has resulted in figures that are different from those published previously.<br />
CPI<br />
50<br />
<strong>New</strong> <strong>Zealand</strong> <strong>Dairy</strong> <strong>Statistics</strong> <strong>2014</strong>-<strong>15</strong>
Change language