Plant-based bubble bursts
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Sheep farmers desperately looking for a lift in lamb prices this coming season may be in for more disappointment, according to Alliance Group chairman Murray Taggart.
China, the broader Asian region and the Indian subcontinent hold untapped opportunities for the red meat sector, say Meat Industry Association chief executive Tim Ritchie.
A lift in meat and dairy manufacturing helped increase total manufacturing sales in the June 2016 quarter, Statistics New Zealand says.
Beef + Lamb NZ's new market development proposals have to go out to affected staff for consultation because it will require some team restructuring, says chairman James Parsons.
An initiative selling fresh spring lamb into Countdown supermarkets has been kicked off by Helensville farmer Richard Kidd.
South America, and in particular Brazil, is set to dominate global beef trade in 2016, says Rabobank.
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.
Deer farmers are enjoying the best venison prices in four years with the schedule up 11% at the spring peak on the year before.
Sheep and beef farmers, especially in the South Island, are going to take a substantial hit in their incomes this year as lamb prices weaken.
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