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ASB BUYS NOTES  |
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| (Updated 19/05/13 22:33) | ||
| GLOBAL DAIRY TRADE | |
| Change in GDT-TWI index -2.1% | Average Winning Price (USD/MT, FAS) 4,549 |
| From Trading Event 92 held 15/5 | |
By: Farming Show staff | Rural News |
Beef and Lamb New Zealand says sheep farmers could stand to make an extra $180 million a year by switching their focus to lamb production.
It says Kiwi sheep farmers’ fixation with lamb prices is costing the industry, at a time when sheep farm numbers have fallen by more than 6000 in the past 20 years.
CEO Scott Champion says an extra $3.47 billion in gains could be made by 2025 by breeding more stock.
He says with global demand for lamb set to shoot up, it’s a perfect chance for sheep farmers to shift their mindset towards producing more lambs.
Related Subjects
lamb | Sheep | beef and lamb NZ |
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