McRae Wins Southern South Island B+LNZ Director Vote
Matt McRae, a farmer from Mokoreta in Southland who runs a sheep, beef and dairy support business alongside a sheep stud, has been elected to the Beef +Lamb NZ Board as a farmer director.
There have been negativities around farmers saying the sheep sector is declining.
Farmers are noting that the sheep flock is down to 28 million and returns aren’t good enough, says BLNZ chair James Parsons.
“However, right now we are running at our five year average for lamb per kilo of carcase weight,” he says. “It is not stellar, but in terms of averages we are ticking along okay.”
Meanwhile, Parsons says he has a “shed full” of wool on his farm that he hasn’t yet sold, but wool is always up and down.
“It is a commodity: China suddenly decides to stop buying and the price falls [but] in 12 months they will be back into it and the price will be up.”
Beef has been an interesting one: the schedule for bull was about $3.30/kg five years ago and is now sitting at $5.20/kg.
“The beef prices have really come up so we are seeing a lot more interest and probably have a bit more beef production and are decreasing sheep flocks,” he adds.
“We haven’t seen a big shift to dairy in the last couple of years understandably…. Some of the environmental regulations coming in are putting a dampener on those dairy conversions.”
Mainland Poultry has confirmed new ownership of its vertically integrated agribusiness with Pacific Equity Partners Gateway (PEP Gateway) now joining current shareholders Navis.
The recently published State of the Industry -Tractors and Machinery 2025 from the Australian Tractor and Machinery Association (TMA), the equivalent of New Zealand’s TAMA, gives an interesting perspective of the industry.
Strong competition and tightening supply have seen wool reach its highest prices paid at auction since 2011.
The Government is funding a feasibility study to investigate what would be required for a successful farmer-led purchase of the McCain Foods' vegetable processing site in Hastings.
A young man just five years out of his Lincoln University degree already has his foot in the door of farm ownership, as equity manager of a large new dairy conversion now taking shape in Mid- Canterbury.
Visitors to the LIC stand at this year’s Fieldays can expect practical farm conversations, specialist drop-in sessions and exclusive shareholder events.

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