Categories: Empowerment

Contributing to the growth of dairy farmers

As a member and former president of Milk SA, Tsitsikamma dairy farmer Nigel Lok explains that 25% of the statutory…

‘We’re currently assisting eight black farmers who own their own farms in the Eastern Free State. Our approach is that farmers must have their own land to set development goals; community-owned farms generally don’t work’, says Nigel.

We have assisted these farmers with cows and contributed R2,5 million to get their farms electrified, as one cannot run a dairy without electricity, and few farmers can afford to pay R300 000 to get Eskom on their farms.

Several of the farmers are excelling, while others are coming along more slowly. They run their farms separately, but they all sell their milk to Nestle, which needs to pick up at least 10 000ℓ of milk per stop.

‘Whatever the size of your farm, all farmers face the same challenges regarding weather, high input prices and the unpredictability of what you are going to get for your product. Commercial farmers before 1994 received large subsidies from the state, and I believe that the government should be subsidising black farmers who own their land, and monitor how the subsidy is being used,’ says Nigel.

‘People often talk about what makes for an economical farming unit, and what size farm you need to make a go of it, but I don’t agree. It all depends on your lifestyle and needs.’

Lok has been a Nedbank client for 21 years. As a first-generation farmer, he bought his farm in 1997 with a bond from Nedbank and started from scratch. Today he milks 920 Holsteins and produces 25 000ℓ of milk a day for a processor in Port Elizabeth.

To find out how Nedbank can partner with you to grow your business, email us at agriculture@nedbank.co.za.

Recent Posts

Courts order municipalities to adhere to commonage rules

Two recent court rulings on commonages have outlined the rights of those using the areas, as well as the responsibilities…

21 hours ago

Learn about beef BLUP basics

Producers use breeding values to determine the long-term value of certain animals to their herds.

24 hours ago

Rethinking sustainable development

Growing awareness of the interconnectedness between water, energy and food security is resulting in a more holistic way of measuring…

2 days ago

Taking steak to the next level

Steak can be cooked and served in a variety of ways, but this Asian-inspired marinade can turn even the tastiest…

2 days ago

Land: access vs ownership

The one crucial point that should not be forgotten by all the organisations and political parties representing, or claiming to…

3 days ago

Agri interventions key to Ramaphosa’s economic stimulus package

President Cyril Ramaphosa announced that government has reprioritised funding towards an economic stimulus package that would focus on agriculture, among…

4 days ago

This website uses cookies.