NZ lamb, mutton returns at record levels as supplies dwindle

Wed, 14 Mar 2018

By Tina Morrison March 15 (BusinessDesk) - New Zealand meat processors are having to pay more for lambs as supplies dwindle, pushing lamb and mutton returns for Kiwi farmers to record levels for this time of the year, according to AgriHQ's Monthly Sheep & Beef report for March. Better rainfall in dry areas of the South Island and lower lamb growth rates in the North Island have led farmers to keep hold of their stock instead of sending them to slaughter, and a higher kill rate earlier in the season also means there is now less stock avail...

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