Silver Fern expects cattle, lamb prices to drop next season, venison to remain strong

Thu, 21 Sep 2017

By Sophie Boot Sept. 22 (BusinessDesk) - Silver Fern Farms expects a mixed season, with beef and lamb prices expected to drop as more supply becomes available while venison prices will remain strong. The new season begins on Oct. 1. Silver Fern's chief executive Dean Hamilton, who resigned in July and will leave at the end of the year, said store stock markets for beef "appear over-heated" and current prices reflect a supply shortage which is typical at this time of year. "However, once volumes pick up, and assuming the currency stays...

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