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.

Contact us

Nathan Penny

Senior Rural Economist

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