New Zealand beef and dairy farmers can now take part in a programme to produce high-value marbled beef for premium markets, both domestically and offshore.

A "global dairy crisis" could be good for New Zealand dairy farmers, says Federated Farmers.

Grey clouds still hang over the global economy, says Rabobank in its July Agribusiness review for New Zealand and Australia.

The attached report contains the latest benchmark prices for lamb, beef and deer (works and store prices), as well as updates on the forces that influence these prices (including international market prices, exchange rates and local procurement issues).  

Over the past few weeks, US imported beef prices have dropped as a result of reduced demand for imported product.

FOOD PRICES have dropped in the course of the past year. Supermarket shoppers might question the evidence, but the mid-June data from Statistics NZ was clear: since last May the cost of the overall shopping basket has dropped by 0.2%. 

US retailers are chasing fresh domestic lean beef rather than frozen imported beef seeing many don't use imported beef in their formulations, partly because of labeling requirements.

AUSTRALIA IS buying New Zealand stock in its struggle to keep up with demand for export heifers particularly to China.

Primary sector export revenue is expected to decline in 2012/13, a Ministry for Primary Industries report shows.

iFarm's monthly Market Outlook report for beef is forecasting prices for bull and steer to peak around $4.60-$4.65/kg this spring.