They won $11,200 in prizes, and claimed five out of nine merit awards.
It was their fourth time entering the awards, doing so to benchmark their farm system and network.
They have been in the industry 10 years and aim to own a 400 to 500-cow dairy farm or to increase their level of equity in a large-scale farm or multiple farms.
Mr Honeysett described how they came back from overseas travel in 2007 with "about a thousand dollars to our name".
"That was seven years ago - we're now equity partners, we worked hard to get there.
"Those opportunities are out there.
"We've got an excellent group of equity partners that are driven, motivated and astute business people.
"They provide support and advice as we continue to grow ourselves and the business."
He said the competition has played a big part in setting goals for their work "and helping our careers".
The Honeysetts won Hawkes Bay/Wairarapa Farm Manager of the Year in 2009.
"Our future farming goal is to run a sustainable system taking into consideration the environment, human resources and producing efficient product."
With Rowan McGilvary, it was the second year in a row for a Featherston farm manager to take the award - and third time lucky for Mr McGilvary.
He was congratulated warmly by last year's winner and South Wairarapa neighbour, Nick Bertram, who had gone on to take the national award.
"It's my third time in the awards, and I've got third, and second, and now first."
The 56-year-old has been farming for 32 years and after experiences in sharemilking and leasing farms, he now aims to manage or be operations manager of large scale dairy farms. He won $7100 in prizes on the night.
Mr McGilvary, who has a Diploma in Agriculture, is the farm manager for Kaiwaiwai Dairies at Featherston milking 900 cows.
He said he has great farm owners and staff. "The farm owners are very knowledgeable, progressive and supportive while the staff are all hard working, loyal, reliable and happy."
He says the farming system works well. "We operate a profitable, sustainable and environmental friendly farming system."
The Dairy Trainee of the Year, Grace Stephenson, plans to progress up the dairy industry ladder to farm ownership.
The 23-year-old is currently 2IC for her parents, Jeff and Anne Stephenson, on their 205-cow Dannevirke dairy farm. She won $5060 in prizes.
It was her second time entering the contest. "I enjoyed meeting other like-minded people and appreciated the judges' feedback. It made me realise my strengths and weaknesses so I knew what to work on for this year's judging."
Miss Stephensonwas born and raised in Dannevirke and has been dairy farming since late 2011, studying through Primary ITO.
"I spent five years trying all sorts of thing, travelling, child care."
She said she "loved" the industry.
The Honeysetts will host a field day on April 1, while Mr McGilvary, will host a field day on the Featherston farm he manages on April 8.
The award winners will attend the National Dairy Industry Awards on May 2.