NZ cow prices rise to record on tepid start to slaughter season

Mon, 10 Apr 2017

By Tina Morrison April 11 (BusinessDesk) - New Zealand's cow slaughter season has got off to its slowest start in five years, pushing prices for stock to record highs for this time of year. Just 41,789 cows were slaughtered in the fortnight to March 11, the lowest level for this period since 2012, according to AgriHQ. That pushed up the price meat processors paid for stock to record levels for this time of year, with the North Island price last week reaching $4.50 per kilogram, and the South Island price hitting $4.20/kg, AgriHQ said....

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