Last year was tough for the red meat sector but there are positive signs, according to industry leaders.

Global beef supply will contract this year for the first time since the Covid-19 pandemic, according to Rabobank.

Alliance Group has turned a corner on a challenging two years following a comprehensive re-set over the past 18 months and is forecasting a return to profitability, farmer-shareholders were told at the company’s annual meeting in Gore today.

 Pricing agricultural emissions is wrong and there are better ways, says chair of Beef + Lamb NZ Kate Acland.

There's been a dramatic and larger than expected drop in the number of lambs produced in New Zealand.

The Rabobank Rural Confidence Survey found farmers' expectations for their own business operations had also improved, with the net reading on this measure lifting to +37% from +19% previously.

Confidence is flowing back into the farming sector on the back of higher dairy and meat prices, easing interest rates and a more farmer-friendly regulatory environment.

The latest Ministry for Primary Industries report on the state of the primary sector shows that things are starting to look up after a rough 2023-24 season.

Export revenue for the primary sector is forecast to bounce back in the coming year – but still not back the high levels of 2022/23.

New Zealand is out of step globally in looking to put a price on agricultural emissions from food production.