Dry summer weather prompts farmers to offload stock, AgriHQ says

Sun, 17 Dec 2017

By Tina Morrison Dec. 18 (BusinessDesk) - Dry summer weather is denting grass growth, prompting farmers to reduce their livestock numbers, with the increased volumes of animals hitting the market starting to weigh on prices, according to AgriHQ's Monthly Sheep & Beef report for December. "The common factor pulling values down throughout NZ is the weather," AgriHQ analyst Reece Brick said in his report. "It was a rapid transition from a particularly wet early spring into one of the driest late spring/early summers in recent years, catching...

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