Palm oil feeds milk and butter production in New Zealand

Published 2021년 4월 23일

Tridge summary

New Zealand, a leading milk producer and butter exporter in the Southern Hemisphere, faces a challenge as half of its dairy industry's feed requirements cannot be met domastically, with palm oil extract making up half of the feed imports. The country's dairy sector relies heavily on imported feed, with milk production requiring nearly 75% of the available feed. Despite environmental regulations, dairy processors are reducing prices for producers who exceed certain non-animal fatty acid limits in their milk, aiming to decrease the use of palm oil extract. New Zealand expects to see a slight decline in cow herds over the next five years, but a rise in milk production due to improved lactation averages.
Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

New Zealand is one of the most famous milk producing and butter exporting countries in the Southern Hemisphere. But behind the big numbers lies a sad fact. Half of the fodder needed for production cannot be produced locally, and half of the imports consist of palm oil extract. Roughly half of the 60 percent of feed imports are palm oil extract. Of the 3.5 million tonnes of imported feed, this is a total of 1.8 million tonnes. In comparison, they needed 436 thousand tons of wheat, 426 thousand tons of soybean meal and 349 thousand tons of DDGS in 2020. The Agriculture Sector reported in its article that New Zealand produces 22 million liters of milk a year. This amount may seem small compared to the world’s number one producer, Europe’s 168 million emissions, but it is the largest milk producer in the Southern Hemisphere. In addition, the small country is the number one butter exporter in the world. It exports 420-460 thousand tons of butter a year, mainly to Asia. In comparison, ...
Source: Magro

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