Lower production loses NZ export share

Australia’s major sheepmeat export competitor, New Zealand, has been going through flock decline for a decade and their production has followed suit, albeit at a slower rate. New Zealand is the second largest exporter of lamb and mutton behind Australia, but according to Meat and Livestock Australia, their flock has dropped by 6 million head […]

Retail yet to reflect farm gate

With cattle and lamb prices at saleyards currently sitting close to three and seven-year lows respectively, surely local consumers are benefitting from lower red meat values? The June Consumer Price Index (CPI) data suggest not yet, but it should be coming, and with it hopefully a boost in consumption. During the exceptional rise in lamb […]