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Profit drop for sheep and beef farmers could be ‘last straw’

2 min read

Predictions that sheep and beef profit margins could fall a further 30 percent this season could be the “straw that breaks the camel’s back” for some Tairāwhiti farmers, says Federated Farmers provincial president Hunaara Waerehu.

Beef + Lamb New Zealand’s New Season Outlook 2023-24 indicates such a fall nationally.

“While the outlook is for global sheepmeat and beef demand to recover...


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