INDEPENDENT NEWS

Solid returns expected for red meat sector in 2019

Published: Fri 16 Nov 2018 10:30 AM
Solid returns expected for red meat sector in 2019 with sheepmeat leading the way – industry report
While some downward pressure is expected on beef prices in next 12 months, sheepmeat pricing is anticipated to remain strong, signalling another year of solid returns for New Zealand’s red meat sector in 2019, according to a recently-released report by agricultural lending specialist Rabobank.
In its Global Animal Protein Outlook 2019 – Value, not volume: The new growth focus Rabobank says increasing global beef supplies, combined with weakened US demand, are expected to put downward pressure on New Zealand’s beef export returns throughout 2019, however, a more favourable exchange rate is forecast to soften some of the impact on farm gate beef prices.
Full media release attached.
http://img.scoop.co.nz/media/pdfs/1811/Media_Release__Solid_returns_expected_for_red_meat_sector_in_2019_with_sheepmeat_leading_the_way__industry_report.pdf
ends

Next in Business, Science, and Tech

Next steps for Auckland light rail
By: New Zealand Government
Gender pay gap unchanged since 2017
By: Statistics New Zealand
Stuff pulls pin on media companies' joint ad-buying business
By: BusinessDesk
Transdev to Acquire Auckland And Wellington Bus Businesses
By: Transdev
Twyford's choice: NZTA or Super Fund for Auckland light rail
By: BusinessDesk
A whole term of Government with no shovels in the ground
By: New Zealand National Party
Transport Agency welcomes next steps for light rail
By: NZTA
Light rail delay creates highway opportunities
By: Automobile Association
Government taking action to close gender pay gap
By: New Zealand Government
Genter delaying pay equity for publicity stunt
By: New Zealand National Party
Gender Pay Imbalance - call for PM to take action
By: New Zealand Council of Trade Unions
Persistent gender pay gap - need for Govt to move faster
By: NZEI Te Riu Roa
Opportunity to fix the gender pay gap in tertiary sector
By: Tertiary Education Union
Government must take the handbrakes off, deliver equal pay
By: Public Service Association
View as: DESKTOP | MOBILEWe're in BETA! Send Feedback © Scoop Media