News | Rural
28 Nov 2020 21:21
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  •   Home > News > Rural

    A challenging year ahead for beef and sheep farmers

    A challenging year ahead for beef and sheep farmers


    Beef and Lamb New Zealand's New Season Outlook is predicting an overall decline in sheepmeat and beef export receipts in the next year.

    Chief insights officer Jeremy Baker says they're expecting a decline of around 15 per cent in lamb exports and about nine per cent in beef and veal revenue.

    He says that will feed through to a reduction in on farm profit of around 26 per cent.

    © 2020 Newstalk ZB, NZCity


     Other Rural News
     04 Nov: Dairy farmers are looking ahead - both for the environment, and their farms
     15 Oct: Fonterra's increased the mid-point of its forecast farmgate milk price range to $6.80 per kilos of Milk Solids, up from $6.40
     05 Oct: Dairy giant Fonterra's farm sales in China,don't mean it's pulling out of the market
     28 Sep: The bill to compensate Mid Canterbury farmers found with Mycoplasma bovis in their herds might be around 17-million dollars
     25 Sep: First there was Shrek the wooly sheep and now there's Mrs Gizzy Shrek
     19 Sep: The strategy reset at Fonterra is paying off, and farmers wallets will see the benefits
     19 Sep: An agricultural economist is relieved to see Fonterra back in the black
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