Warakirri is launching an own-and-operate dairy strategy for Australian and New Zealand markets. The $500m dairy fund has been launched as its PSP partnership wraps up.     

The strategy is expected to deliver returns exceeding 10% per year through investment in a diversified portfolio of investment grade dairy farming. It is expected the investments will make a positive impact through emissions reduction and commitment to support the regions.

With increasing dairy demand and shrinking production, milk prices have outpaced inflation and are expected to continue rising, providing a strong foundation for Warakirri’s strategy to generate robust long-term returns.

Fonterra’s Milk Up 1.7% In January: Fonterra’s January intake increased 1.7% YOY to 9.8m kg of milk solids, with season-to-date output also tracking 1.7% ahead of the prior year.

The increase was due to continued strong production in Northern Victoria with ample feed availability and access to irrigation water relatively unconstrained.