Taupō-based company says it’s taking a ‘disciplined approach – optimistic, but grounded’.
Miraka has announced an opening 2025-2026 season milk price forecast of $8.85-$10.85/kg MS with a midpoint of $9.85/kg MS.
The Taupō-based dairy company said the forecast reflects confidence in strong global dairy demand and reinforces Miraka’s focus on delivering transparent, reliable value to its suppliers.
Acting CEO Richard Harding said while others in the sector have announced a $10/kg MS headline price, it is important to understand the full picture.
“At Miraka, we believe in being transparent – our $9.85 per kgMS midpoint is clearly stated and grounded in market fundamentals.”
“We’re taking a disciplined approach – optimistic, but grounded,” Harding said.
Miraka also offers its suppliers the opportunity to earn up to $0.20/kg MS in additional premium payments through its Te Ara Miraka farming excellence programme, now in its 10th year.
Miraka general manager of on-farm excellence Joan Barendsen said when the average Te Ara Miraka premium is included, the total forecast payout for 2025/26 rises to $10.02/kg MS.
“Te Ara Miraka rewards on-farm excellence in areas such as milk quality, animal welfare, staff development and sustainability.
“We’ll be celebrating the achievements of many of our existing suppliers next month – they’re leading the way in modern, values-based dairy farming,” said Barendsen.
Since launching Te Ara Miraka in 2015, Miraka has paid in excess of $25 million in performance-based premiums to its farmer suppliers.
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