B+LNZ says levy lift will help weather upheaval

Sheep farmers have also been asked to agree to a 5 cent levy lift. (Image: BusinessDesk)

Wed, 30 Jun 2021

Beef + Lamb New Zealand’s latest levy proposal would mean a 27% increase in the levy ceiling for sheep farmers and a 10% lift in the ceiling for cattle operations.According to the proposal – which farmers are currently voting on – the new levy ceiling on sheep would be 95 cents per slaughtered head, up from 75 cents. The new proposed levy ceiling on beef would be $5.95 a head versus the current $5.40. The new ceiling would be in place from 2022 to 2028. The ceiling is the maximum the levy can be moved to before the...

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