Red meat

NZ lamb prices break over $8/kg – highest on record

[5 August/NZ Herald] New Zealand lamb prices have reached their highest level ever. General Manager Livestock and Shareholder Services at Alliance Group, Heather Stacy, said the co-operative has a minimum price starting in September of $8.20 which was the highest it had ever paid. She expected prices to pull back after the traditional Christmas period....

Meat alternatives: Cheaper production could diversify NZ market

[25 July/Radio NZ] New Zealand farmers could have to adapt to new technologies that enable creation of meat alternatives. Beef + Lamb New Zealand Marketing Innovation Manager, Lee-Ann Marsh, said we may start seeing entirely lab grown products on shelves within three years. Companies were investing large amounts into these products. Ms Marsh added she...

Report damns pastoral red meat

[27 July/Farmers Weekly] New Zealand’s grass-fed red meat system was damned in a report by Oxford University. It emphasised the need to reduce meat consumption because of health concerns and the impact of its production on the environment. The report suggested Government taxes or health and environment warning labels for meat. It said 4 percent...

Meat industry objects to post-Brexit quota split as ‘inflexible’

[27 July/NBR] Signs of trouble for New Zealand in negotiating post-Brexit free-trade agreements with the UK and EU are emerging with proposals to split meat import quotas. The UK and EU have proposed a fifty-fifty split of the World Trade Organisation approved tariff free quota. The NZ Meat Association said it would effectively lock in...

Record red meat export season continues to reach new highs

[23 July/Stuff] Winter and early spring contract prices for red meat continue to reach new highs. Prices for lamb, mutton and venison are at least $1 per kilogram higher than last year. Alliance Group General Manager Livestock and Shareholder Services, Heather Stacy, said market prices remained high compared to the five year average. She added...

Got beef? Virgin Australia’s Kiwi response to Air NZ’s ‘impossible burger’

[23 July/NZ Herald] Virgin Australia has responded to Air New Zealand’s no meat burger and pledged to take the best Kiwi beef and serve it on their own flights. The airline wanted the dish to be served on all flights from New Zealand to Australia. Virgin Australia said it was one of New Zealand meat’s...

Industry to fund meat research

[11 July/Farmers Weekly] Meat companies want to know more about the attributes of New Zealand grass-fed beef. They have invited researchers and others with interest in the area to submit proposals. Meat Industry Association Chief Executive, Tim Ritchie, said the project would establish what was distinctive about New Zealand grass-fed beef and the benefits to...

Decision made on fate of defunct Gore meat plant

[9 July/Rural Life] Blue Sky Meats decided to sell its Gore plant which had been non-operational since 2016. The company announced it was reviewing options for the unprofitable plant last year. The company said the decisions was not made lightly but it felt it was the best course of action to take. Its annual report...

Farmers puzzled by Air NZ’s vege burger

[5 July/Rural News] Farmers were puzzled by Air New Zealand’s decision to promote an overseas produced plant protein burger. Federated farmers said Air New Zealand prides itself on being innovative, and liked to partner with like-minded businesses. Federated Farmers Meat and Wool Chairperson, Miles Anderson, added that they understood that, however was unsure why our...

Beef + Lamb’s new environmental strategy earns high praise

[7 June/Rural News] Minister for the Environment, David Parker, praised Beef + Lamb NZ’s new environmental strategy. He said it was what the public wanted as they didn’t want things to be getting worse over time. Beef + Lamb NZ unveiled its plan to lift the environmental performance of NZ’s sheep and beef sector. It...

B+LNZ farmers won’t oppose levy increase

[11 June/Farmers Weekly] Farmers will undoubtedly scrutinise how Beef + Lamb NZ Spends its extra $4 million in levies it proposed to raise but are unlikely to vote against the increases according to industry leaders. Federated Farmers Meat and Fibre Spokesman, Miles Anderson, said the increased levies weren’t big, and wold not be opposed in...

Supply pressure building in major world beef markets

[30 May, Rabobank] There was a positive start to the global beef sector in 2018, however building pressures had the potential to change the export market dynamics. A report by Agribusiness Banking Specialist, Rabobank, said supply pressure was growing in global beef markets due to dry weather conditions in the U.S., a surplus of animal...

Tough year hits ANZCO’s profits

[28 May/Farmers Weekly] A hard year in beef procurement and processing caused a decrease in profits for ANZCO Foods. ANZCO Chief Executive, Peter Conley, said competition for stock and uneven livestock flows increased costs while consumer market prices were steady. ANZCO’s profit fell to $1.8 million. Chief Financial Officer, Paul Loke, said the uneven flow...

US beef market poses threat to New Zealand returns this year – visiting expert

[18 May/Rabobank] It is likely there will be pressure on global beef trade and prices if the forced slaughter of U.S. cattle goes ahead according to Rabobank’s Senior Animal Protein Analyst, Don Close. He said the U.S. was both the dominant export destination for New Zealand beef as well as a competitor with New Zealand...

Sheep and beef farmers aim to be carbon neutral by 2050

[16 May/Stuff] Every sheep and beef farm will have a tailored environment plan by the end of 2021 and the industry is aiming to be carbon neutral by 2050 with the new Beef + Lamb NZ strategy. Its priority areas were healthy productive soils, thriving biodiversity, reducing carbon emissions and cleaner water. Farm plans would...

China positive on NZ chilled meat after year’s trial

[7 May/NZ Farmer] More New Zealand chilled beef and sheepmeat will be sent to China as initial trials appeared to have met Chinese approval. Deputy Secretary-General of the China Meat Association, Gao Guan, said the trials were promising and that China had a shortfall of beef and sheepmeat. The first shipments were headed by Alliance...

NZ hopes to sell more lamb and beef with new brand

[2 May/NZ Farmer] Beef + Lamb New Zealand hoped its new brand would hit the sweet spot for global consumers. Beef + Lamb NZ Market Development Manager, Nick Beeby, said it was developed and refined with consumers in Britain, the U.S., India, China and other countries. He added that there was increasing demand for red...

Cheaper lab meat to put pressure on farmers by vying with mince and other red meat cuts

[4 May/NZ Farmer] According to the Managing Director of AbacusBio, Dr Anna Campbell, New Zealand farmers were in danger of becoming redundant due to synthetic meat. She said that although synthetic meat was expensive at the moment, companies would scale it and make it cheap. She challenged farmers to keep on top of fast moving...

Alliance Group distributes $5.9 million in loyalty payments

[30 April/NZ Farmer] Loyal Alliance Group shareholders will receive a $5.9 million distribution of loyalty payments. The payments will be made to the platinum and gold shareholders who supply 100 percent of their stock to the company. This brings the total amount distributed to shareholders to $9.8 million which was a 4.7 percent increase on...

Alliance Group promotes NZ meat as ‘premium fair’

[19 April/NZ Farmer] The meat processor, Alliance Group, was funding international chefs to go on farms to help promote New Zealand meat on the global stage. Chefs from the UK, Hong Kong and New Zealand toured South Island farms and visited premium restaurants recently. Alliance General Manager of Marketing, Peter Russell, said it was aiming...

Silver Fern Farm’s review will look at directors

[19 April/The Country] A review of Silver Fern Farms constitution will include looking at the tenure of directors on the board, the board size and the ratio of elected to independent directors. Silver Fern Farms Chairman, Rob Hewett, said the review was underway and that governance was the key focus. He added there was a...

Grant to help lead sector’s Brexit response

[17 April/Otago Daily Times] Southland Agribusiness Leader, Jeff Grant, was appointed to support the red meat sector’s response to Brexit. The appointment was made by Beef + Lamb New Zealand and the Meat Industry Association. Beef + Lamb New Zealand Chairman, Andrew Morrison, said that Jeff is highly experienced and had been involved in the...

Meat exports reach milestone

[9 April/Rural Life] Both beef and lamb exports were expected to break $3 billion for the first time. Beef + Lamb New Zealand showed the milestone was predicted to be reached due to the forecast of a 14 percent increase in average export value. Forecast farm profits before tax were also forecast to be up...

Hewett gives tick but wants more

[5 April/Farmers Weekly] Silver Fern Farms CEO, Rob Hewett, said it achieved a profit turnaround but the business remained a work in progress. There will be a dividend payout for co-op shareholders and a throughput reward for throughput shareholders. They had abnormal one off charges of $10.2 million largely due to the closure of the...