New forecasts for the ailing dairy sector are claiming
farmers may not reach the break-even payout point until 2019
– “at the earliest”.

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Red meat exporters and farmers have been warned the strength
of the New Zealand dollar may play havoc with prices and
returns this season, both trade receipts and at-the-gate
prices.

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Softening demand for sheepmeat in China and Europe should be
prompting New Zealand to prioritise getting premium chilled
lamb cuts in China, and to also look further afield to new
Middle Eastern markets.

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