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What is the difference between share milking and contract milking?
Contract milkers are self-employed and manage farms. They are paid on a negotiated set price per kgMS (amount of milk) produced. They also usually provide labour, shed costs, electricity and vehicles. Variable or lower order sharemilkers are paid based on a percentage of milk income.
What is contract milking?
A contract milker (CM) is a self-employed farmer, managing the property and paid on a negotiated price per kilogram of milksolids (kgMS) produced. Typically, a CM will provide the labour, and pay for shed costs, electricity, vehicles, fuel and transport .
What is 50/50 sharemilking?
50:50 sharemilkers supply the herd and operate the dairy farm on behalf of the farm owner. They get 50% of milk income and all money from the sale of livestock. Sharemilkers who own their own herd can earn between 40% and 60% of milk income.
Is contract labor considered self-employed?
If you are an independent contractor, then you are self-employed. The earnings of a person who is working as an independent contractor are subject to self-employment tax. To find out what your tax obligations are, visit the Self-Employed Individuals Tax Center.
What are the two types of milking?
Milking is done either by stripping or by full hand method. Stripping is done by firmly holding the between the thumb and fore finger and drawing it down the length of the and at the same time pressing it to cause the milk to flow down in a stream.
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Contract dairy farmingContract farming ratesDairy farm cost calculatorDairy share farming agreementsDairy farmers AssociationFree online dairy farming coursesDairy coursesList of dairy farm in New Zealand
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What is share milking?
Sharemilking has been a traditional strength of the dairy sector, providing a pathway for aspiring farm owners to build skill and equity required to purchase a farm of their own. Sharemilkers dont own the land but are responsible for operating the farm on behalf of the farm owner in return for a share of income.
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