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Record low confidence

Record low confidence
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Sheep, beef profits tipped to dip further

Sheep and beef farmers are in for another challenging year as profitability is forecast to fall by 31% in 2023-24. That followed a decline of 32%.

New Zealand beef and sheep farm profits to drop by 30% - report

Profit margins on sheep and beef farms in New Zealand are expected to drop by a further 30% this season, according to a new report.

Livestock numbers declining: report

Land-use change is impacting on livestock numbers, including a fall in beef cattle weaners, despite Southland bucking that trend, Beef + Lamb New.

New Zealand farmers facing highest inflation since 1981

Beef and sheep farmers in New Zealand are currently facing the highest on-farm inflation in the country since 1981.

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