No easy ride for struggling sheep farmers
Stubbornly high farm input costs, a slow Chinese recovery and a flood of Australian lamb onto the global market are the main factors contributing to the tough times being faced by NZ's sheep farmers.
It’s still unclear just how much the outbreak of coronavirus in China will affect New Zealand exports to that country.
China is NZ’s single largest market for our total primary exports and the number one for dairy, meat and wool, seafood and forestry. It is also high on the list for horticulture.
While there is no formal ban on our exports to China, the fact that the country is in lockdown is creating problems with distributing goods with many workers staying at home or facing restricted movement to do their work.
NZ Trade and Enterprise (NZTE) has set up a special section on its website, which is regularly updated.
It anticipates ongoing disruption to business for at least a fortnight, as Chinese local government agencies encourage staff to stay at home.
Meanwhile, market analysts AgriHQ say farmers are being stuck with stock because factors beyond their control are conspiring against them. It says record high farmgate prices in November and early December prompted many farmers to hold stock for longer than usual.
“Unfortunately, coronavirus came to a head when the market was expected to start picking up and consumption has collapsed.”
The opportunity to spend more time on farm while providing a dedicated service for shareholders attracted new environmental manager Ben Howden to work for Waimakariri Irrigation Limited (WIL).
Federated Farmers claims that the Otago Regional Council is charging ahead unnecessarily with piling more regulation on rural communities.
Dairy sheep and goat farmers are being told to reduce milk supply as processors face a slump in global demand for their products.
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