US targets NZ lamb!
US sheep farmers have set their sights on New Zealand lamb imports, claiming NZ sheep meat is decimating their industry.
Markets for New Zealand lamb have performed strongly for the last six months, says Affco general manager Andy Leonard.
While some Brexit anxiety persists in the UK, other markets – Europe, the US, the Middle East and China -- have performed above expectations.
“Farmers should be lot happier with the state of play,” Leonard told Rural News.
He believes a shortage of lamb exports from Australia and NZ help explain the price rise. A “relatively consistent” exchange rate over the last six months is also helping farm returns.
Affco is one of NZ’s four large meat exporters; lamb and beef are its main exports.
“Lamb prices today are well above those at the same time last year; six months ago that didn’t look like happening.”
On the beef market, Leonard says it remains solid, backed by the US ground beef market holding up.
“Generally beef pricing is solid and consistent -- not too many fluctuations.”
In recent weeks most NZ meat plants have been processing cows culled by the dairy industry.
But with the dairy payout picking up, cull cow numbers are expected to drop.
Leonard says cull cow kill numbers are down 15% year-on-year. “Most beef plants would have been reasonably full but it will now start to drop off.”
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The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.
The Ministry for Primary Industries (MPI) has informed staff it will cut 391 jobs following a consultation period.