Today on The Country radio show, host Jamie Mackay catches up with the two winners of the 2024 Zanda McDonald Award, Nancy Crawshaw (New Zealand) and Tessa Chartres (Australia). He also talks about how the sheep and beef sector is doing it tough with Beef + Lamb NZ chair Kate Acland.
On with the show:
Kate Acland:
Beef + Lamb New Zealand’s chair talks about the Mid-Season Update 2023-24 and confirms that times are tough and farmers will have to continue to dig deep to stem what looks like widespread cash losses in the sheep and beef sector for the 23/24 financial year. The outlook for 2023-24 has worsened significantly since the October forecasts, because there has been no recovery in China, and Australian exports of red meat have been bigger than originally forecast. Farm profits are forecast to be down 54 per cent to an average of $62,600 per farm.
Nancy Crawshaw and Tessa Chartres: