NZ venison prices rise amid tight supply as farmers rebuild herds

Wed, 06 Jul 2016

By Tina Morrison July 7 (BusinessDesk) - New Zealand meat processors are having to pay more to secure supply of local venison to service their overseas contracts as farmers retain their breeding hinds to rebuild herds. Spot prices for a 60-kilogram AP stag have hit $7.85/kg, up from $6.60/kg this time last year and the highest level for this time of year since 2011, according to AgriHQ. Venison production dropped 36 percent in May from the year earlier month, and is down 23 percent in the processing season so far, from Oct.1 through May 3...

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