US targets NZ lamb!
US sheep farmers have set their sights on New Zealand lamb imports, claiming NZ sheep meat is decimating their industry.
Meat prices are undergoing their seasonal lifts, according to a report from ASB released last week.
The report claims that after reaching a $5/kg mark, the bank’s weighted average beef price has started turning upward.
Meanwhile, lamb prices are already turning around, hitting $8.78/kg after hitting a low point that was still above most of the previous season’s high points.
Currently, global protein supply remains tight with few signs of this turning around, the report claims.
The report says ASB’s economists are staying optimistic when it comes to red meat demand.
“While global economic growth is set to slow, protein demand will remain relatively inelastic, and the ongoing reopening of food service channels should support the prices,” it reads.
The report states lamb prices are expected to outperform, with the stage set for a seasonal price peak in the $10.00-$10.50 range.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.