Wednesday, 03 August 2022 11:55

Are NZ farmers missing the trick on goat meat?

Written by  Staff Reporters
Garrick Batten reckons hill country farmers have a short-term option to improve labour, capital and feed efficiencies and bottom lines by producing goat meat. Garrick Batten reckons hill country farmers have a short-term option to improve labour, capital and feed efficiencies and bottom lines by producing goat meat.

"Adding pastoral goats with suitable management is the production base to develop a niche in an existing market,” Garrick Batten claims.

Production and consumption in the Asia- Pacific region alone are now over 4 million tonnes with annual growth of 1 to 2% in the last 15 years, according to an IndexBox report. “Surprisingly, we have not applied our skills and expertise to producing, processing and marketing meat to this goat meat opportunity,” he says.

“But Australia has capitalised on this regional goat meat market, exporting 19,000 tonnes in 2021 for $270m, to South Korea, Taiwan, Japan, the Caribbean and North America.”

Batten says the Asian market usually prefers skin-on carcases, often with tail hair to show preferred black colour for medicinal as well as food value.

“But New Zealand does not include this product in its small 1,000-plus tonnes annual export.”

He told Rural News that Australia does supply this market and provided 94% of Korean imported goat meat. Australia also exports live slaughter goats by air, with often weekly shipments to Malaysia and Singapore.

However, numbers have dropped from 88,000 tonnes to 12,000 tonnes in the last six years, and Covid-19 has now dramatically reduced this trade. Australia also supplied 85% of USA imports last year with 60% of their exports.

“Meat and Livestock Australia report the range-land harvest has now reduced to 70% of supply but is still affected by seasonal conditions, fire and predators,” Batten explains. “So, exports fluctuated between 14,000 and 35,000 tonnes in the last 10 years.”

He says frozen whole carcases comprise 98.5% of this trade and carcase weights have also fluctuated between 14 and 17kg.

“But the most marked change has been the gradual increase in the price paid to farmers,” Batten adds.

“On the hooks (OTH) payments from 2015-2021 rose from $4.85 to $9 per kg.

That is now $10 for 8-10kg carcase weight with a slight discount for heavier weights,” he says.

Goat Meat FBTW

Batten is surprised the NZ meat sector has not applied our skills and expertise to producing, processing and marketing meat to the growing goat meat opportunity - especially in Asia.

One leading exporter supplying a New Jersey marketing plant quotes $10.35 per kg for 6.2kg (14kg LW) and heavier carcases.

“Those prices should intrigue NZ farmers,” he says.

“While our current lamb prices are encouraging, Australian light lamb – shows their schedule dropping while the goat schedule increases, with a current 10% premium,” Batten claims.

He says that comparison and improving prices in the market has increased Australian farmers’ interest in producing goat meat.

He also noted that MLA has commenced a $5m five-year research package into improved reproductive rate and reduced kid losses.

Batten believes that the USA market is of particular interest, which will be covered in the next article.

“The fluctuating Australian supply is not helpful to market development and provides opportunities for our small supply of a different and better product.”

www.caprinexnz.com

More like this

Commitment needed to promote goats

Hill country farmers cannot ignore the goat meat market opportunities such as in North America, according to goat farming expert Garrick Batten. He outlines why in the third of his three part series on the topic.

Is the US an untapped market for NZ goat meat?

The US goat meat market provides profitable potential for NZ hill country farmers, in Garrick Batten's opinion. From his extensive industry background, he discusses this potential in the second of three articles.

Goat farming on the rise

Dairy goat milk processors, looking to increase their supplier numbers, are helping to drive interest among farmers in New Zealand’s growing goat milk industry.

Featured

Massey Research Field Day attracts huge interest

More than 200 people turned out on Thursday, November 21 to see what progress has been made on one of NZ's biggest and most comprehensive agriculture research programmes on regenerative agriculture.

Expo set to wow again

Stellar speakers, top-notch trade sites, innovation, technology and connections are all on offer at the 2025 East Coast Farming Expo being once again hosted in Wairoa in February.

A year of global challenges

As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make an early November dash to Bologna to the 46th EIMA exhibition.

Boost for hort exports

The horticulture sector is a big winner from recent free trade deals sealed with the Gulf states, says Associate Agriculture Minister Nicola Grigg.

National

Winter grazing warning

Every time people from overseas see photographs of cows up to their hocks in mud it's bad for New Zealand.

ANZ defends farm lending rates

The country's largest lender to the agriculture sector says it's not favouring home loans over farm and business lending.

Machinery & Products

Expo set to wow again

Stellar speakers, top-notch trade sites, innovation, technology and connections are all on offer at the 2025 East Coast Farming Expo…

A year of global challenges

As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make…

» Latest Print Issues Online

The Hound

Review SOEs!

OPINION: NIWA has long weathered complaints about alleged stifling of competition in forecasting, and more recently, claims of lack of…

Bank reset

OPINION: Adding to calls to get banks to 'back off', NZ Agri Brokers director Andrew Laming has revealed that the…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter