Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Sheep Farmers Face Desperate Times

3 December 2007
Sheep Farmers Face Desperate Times

The sheep-meat industry is in desperate need of higher prices to return farms to a financially viable position and ensure that New Zealand has a sheep-meat industry in the future, said chair of Federated Farmers Meat and Fibre Producers’Council, Keith Kelly.

“Farmers need $100 for high quality prime lambs, with proportionately increased prices for store lambs, in order for sheep farmers to survive. Currently, the depressed store market is reporting returns from some areas of only $20 to $25 per lamb. It is impossible to run a sheep farming business at these levels of return, Mr Kelly said.

“There is every confidence that the long term future of the industry is good but, after several years of unsustainable returns, higher farm gate prices are needed now to ensure farmers can remain in the industry.

“Sheep farmers recognise that they need to examine their practices and to develop better long-term relationships with their processors of choice and their customers

“Farmers equally need their supply chain partners – processors, exporters and marketers – to step up and ensure that premium lamb products achieve premium prices in world markets.

“The sheep-meat sector is a major contributor to New Zealand’s export earnings and without it all New Zealanders would be worse off.

“The Federation’s Meat and Fibre Council is dedicated to the survival and growth of the industry and is willing to work with any and all other stakeholders to ensure the return of the sheep-meat industry to a sustainable and profitable basis,” said Mr Kelly.

“It is essential that all industry stakeholders show leadership at this time. The Meat and Fibre Council is committed to developing leadership within the industry and will be encouraging all elected members to attend Federated Farmers’ leadership courses.

The Federated Farmers’ Meat and Fibre Council meeting was held in Wellington last week. Discussion was focused on the theme ‘Taking Back Control'.


ENDS

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Dump Levy Options: Waste Work Programme Announced

Associate Environment Minister Eugenie Sage has announced a programme of work to take action on New Zealand’s long-neglected waste problems. More>>

ALSO:

Real Estate: Foreign Buyers Ban Passes Third Reading

The Bill to put in place the Government’s policy of banning overseas buyers of existing homes has passed its third and final reading in the House. More>>

ALSO:

Nine Merger: Fairfax Slashes Value Of NZ Business

Fairfax Media Group more than halved the value of its Kiwi assets, attaching just A$40 million to mastheads that were once the core of a billion dollar investment. More>>

Collecting Scalpers: Commerce Commission To Sue Viagogo

The Commission will claim that Viagogo made false or misleading representations: • that it was an “official” seller, when it was not • that tickets were limited or about to sell out • that consumers were “guaranteed” to receive valid tickets for their event • about the price of tickets... More>>

ALSO:

Price Of Cheese: Fonterra CEO Goes Early After Milk Price Trimmed

Aug. 15 (BusinessDesk) - Fonterra Cooperative Group chief executive Theo Spierings is leaving the role early after the world's biggest dairy exporter lowered its farmgate payout and trimmed its dividend to retain cash. More>>

ALSO: