NZ sheep, beef farmers reap higher output prices in September quarter

Wed, 18 Nov 2015

By Paul McBeth Nov. 19 (BusinessDesk) - New Zealand sheep and beef farmers received higher prices for their products in the September quarter, outpacing the rise in the prices they paid in the period, according to the latest producers price index. Sheep, beef cattle and grain farming output prices climbed 10 percent in the quarter on higher meat prices, while their input prices increased 0.7 percent. Dairy cattle farming posted an 8.9 percent increase in output prices on the rebound in farmgate milk prices, while their input prices edged...

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