News | Rural
15 Aug 2022 18:38
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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.

    © 2022 Newstalk ZB, NZCity

     Other Rural News
     24 Jun: Farmers says a stock control bylaw being proposed by the Tasman District Council, will be impossible for farmers to comply with
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     08 Jun: Fonterra is buying back 50 million dollars' worth of its own shares
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