Farmshed Economics: Shot in the arm

  • On the back of a Brazilian meat scandal, we expect NZ beef prices to remain high over 2017.
  • In addition, lamb prices have kicked on following last month’s gains.
  • Meanwhile, we have revised down our 16/17 milk price forecast to $6.00/kg, but have retained our $6.75/kg forecast for 17/18.  

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Nathan Penny

Senior Rural Economist

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