Displaying items by tag: DEER INDUSTRY NZ

Prospects for the velvet market during the 2018-19 season are expected to be reasonably stable, says Deer Industry NZ (DINZ).

The new deer velvet season has opened strongly, with farmers reporting early enquiry from buyers at prices 10-15% above last season’s close.

Venison is hitting a ‘sweet spot’ of better prices, wider markets and reduced seasonality in prices, claims the industry.

Sales of New Zealand chilled venison are growing, boosting returns to New Zealand deer farmers, even though overall venison production is down.

As Autumn days shorten, many deer farmers are paying special attention to their rising two-year-old (R2) hinds – the first fawners.

The deer industry hopes its good prices will stem the decline of the national deer herd and even cause a slight increase, Deer Industry NZ chief executive Dan Coup says.