ASB launches new loan to help NZ farmers switch to solar power
As electricity prices soar, farmers appear to be looking for alternative energy sources.
Meat prices are undergoing their seasonal lifts, according to a report from ASB released last week.
The report claims that after reaching a $5/kg mark, the bank’s weighted average beef price has started turning upward.
Meanwhile, lamb prices are already turning around, hitting $8.78/kg after hitting a low point that was still above most of the previous season’s high points.
Currently, global protein supply remains tight with few signs of this turning around, the report claims.
The report says ASB’s economists are staying optimistic when it comes to red meat demand.
“While global economic growth is set to slow, protein demand will remain relatively inelastic, and the ongoing reopening of food service channels should support the prices,” it reads.
The report states lamb prices are expected to outperform, with the stage set for a seasonal price peak in the $10.00-$10.50 range.
NZPork has appointed Auckland-based Paul Bucknell as its new chair.
The Government claims to have delivered on its election promise to protect productive farmland from emissions trading scheme (ETS) but red meat farmers aren’t happy.
Foot and Mouth Disease outbreaks could have a detrimental impact on any country's rural sector, as seen in the United Kingdom's 2000 outbreak that saw the compulsory slaughter of over six million animals.
The Ministry for the Environment is joining as a national award sponsor in the Ballance Farm Environment Awards (BFEA from next year).
Kiwis are wasting less of their food than they were two years ago, and this has been enough to push New Zealand’s total household food waste bill lower, the 2025 Rabobank KiwiHarvest Food Waste survey has found.
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