Sheep and beef farmers may be in for a tough time with
profits predicted to halve this season as the full impact of
lower lamb prices and widespread drought starts to hit home.
A predicted fall in sheep and beef farm profits for the
2012-13 season, while disappointing, is not entirely
unexpected given the global recession, Beef and Lamb New
Zealand economic service executive director Rob Davison says.
Don Morrison has won the Glammies. The Gore farmer's Growbulk
lamb was named 2012 Beef and Lamb New Zealand Golden Lamb
Awards grand champion at the Upper Clutha A and P Show.
Farm-gate lamb prices have continued to soften as the season
reaches full pace, while good seasonal conditions have seen
slaughter numbers lift much more slowly than normal.
A proposal to develop on-farm management capability to enable
productivity gains in the red meat sector has been approved
by the Primary Growth Partnership investment advisory panel
to business plan development phase.
As the Beef and Lamb New Zealand board representative for the
Central South Island, which includes most of the wider Otago
area, let me bring you up to speed with what your
organisation is up to in your region.