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Sheep And Beef Farmers Deliver Record Red Meat Returns
Sheep And Beef Farmers Deliver Record Red Meat Returns

Scoop

time27-05-2025

  • Business
  • Scoop

Sheep And Beef Farmers Deliver Record Red Meat Returns

Press Release – New Zealand Government The global appetite for high-quality, natural protein is continuing to grow, driving strong prices for New Zealand lamb and beef. Minister of Agriculture New Zealand's sheep and beef farmers are delivering record-breaking red meat export sales and driving strong farmgate returns to the rural economy Agriculture Minister Todd McClay says. 'March was a standout month for our red meat exporters, with a record $1.26 billion in export sales—a 34 per cent increase on March last year. First quarter exports also hit $3.28 billion, up 28 per cent from last year. This is great news for farmers, processors, and rural communities across New Zealand,' Mr McClay says. The global appetite for high-quality, natural protein is continuing to grow, driving strong prices for New Zealand lamb and beef. 'This reflects a deeper, longer-term shift in global consumer behaviour. People everywhere are turning to clean, high-quality, safe and sustainable animal protein, and New Zealand is delivering,' Mr McClay says. Beef and Lamb New Zealand's February forecast projected red meat export revenue to achieve an additional $1.2 billion for the 2024/25 production year. That outlook is well on track, thanks to our farmers hard work and world leading production, with April Stats NZ data confirming an additional $1.1 billion or 5 per cent increase in red meat exports over the past year bringing the total value to $10.6 billion. The Government is doing its part to ensure farmers see more returns at the farm gate by restoring confidence, slashing red tape, and opening up new opportunities. Key actions to drive growth and keep Wellington out of farming include: Removed agriculture from the Emissions Trading Scheme Currently banning full farm-to-forest conversions Started the process of replacing the National Policy Statement for Freshwater Management Moved to fundamentally reform the Resource Management Act Halted unworkable winter grazing, stock exclusion, and Significant Natural Area (SNA) rules Begun rebalancing Te Mana o te Wai to restore the rights of all water users Disbanded Labour's He Waka Eke Noa initiative Repealed the punitive Ute Tax Commenced an inquiry into rural banking Halted Labour's costly Freshwater Farm Plans Completed a number of Free Trade Agreements that offer farmers greater opportunity in new markets Removed $733 million in non-tariff trade barriers 'Our farmers are world leaders in producing high-quality, safe, sustainable, grass-fed meat. This Government backs them 100 per cent, and we'll keep cutting through the red tape so they can keep delivering for New Zealand,' Mr McClay says.

Sheep And Beef Farmers Deliver Record Red Meat Returns
Sheep And Beef Farmers Deliver Record Red Meat Returns

Scoop

time27-05-2025

  • Business
  • Scoop

Sheep And Beef Farmers Deliver Record Red Meat Returns

Minister of Agriculture New Zealand's sheep and beef farmers are delivering record-breaking red meat export sales and driving strong farmgate returns to the rural economy Agriculture Minister Todd McClay says. 'March was a standout month for our red meat exporters, with a record $1.26 billion in export sales—a 34 per cent increase on March last year. First quarter exports also hit $3.28 billion, up 28 per cent from last year. This is great news for farmers, processors, and rural communities across New Zealand,' Mr McClay says. The global appetite for high-quality, natural protein is continuing to grow, driving strong prices for New Zealand lamb and beef. 'This reflects a deeper, longer-term shift in global consumer behaviour. People everywhere are turning to clean, high-quality, safe and sustainable animal protein, and New Zealand is delivering,' Mr McClay says. Beef and Lamb New Zealand's February forecast projected red meat export revenue to achieve an additional $1.2 billion for the 2024/25 production year. That outlook is well on track, thanks to our farmers hard work and world leading production, with April Stats NZ data confirming an additional $1.1 billion or 5 per cent increase in red meat exports over the past year bringing the total value to $10.6 billion. The Government is doing its part to ensure farmers see more returns at the farm gate by restoring confidence, slashing red tape, and opening up new opportunities. Key actions to drive growth and keep Wellington out of farming include: Removed agriculture from the Emissions Trading Scheme Currently banning full farm-to-forest conversions Started the process of replacing the National Policy Statement for Freshwater Management Moved to fundamentally reform the Resource Management Act Halted unworkable winter grazing, stock exclusion, and Significant Natural Area (SNA) rules Begun rebalancing Te Mana o te Wai to restore the rights of all water users Disbanded Labour's He Waka Eke Noa initiative Repealed the punitive Ute Tax Commenced an inquiry into rural banking Halted Labour's costly Freshwater Farm Plans Completed a number of Free Trade Agreements that offer farmers greater opportunity in new markets Removed $733 million in non-tariff trade barriers 'Our farmers are world leaders in producing high-quality, safe, sustainable, grass-fed meat. This Government backs them 100 per cent, and we'll keep cutting through the red tape so they can keep delivering for New Zealand,' Mr McClay says.

Delivering For Farmers As They Deliver For Economy
Delivering For Farmers As They Deliver For Economy

Scoop

time27-05-2025

  • Business
  • Scoop

Delivering For Farmers As They Deliver For Economy

Minister of Agriculture New Zealand dairy farmers are ending the 2024/25 season on a high, with increased production and record milk prices delivering real gains to the rural economy and every Kiwi household, Agriculture Minister Todd McClay says. 'Dairy exports are a cornerstone of New Zealand's economy, contributing $4,700 for every New Zealander. This season's strong performance is set to add an additional $4.5 billion in farmgate revenue for 2024/25. This is good news for farmers, rural towns, and our economy as a whole,' Mr McClay says. With the final milk price forecast tracking around $10 per kilogram of milk solids, farmers are seeing the highest returns since 2021/22—and all signs point to another strong season ahead. 'This is the result of hard work on-farm, smart investment, and a global market that continues to demand high-quality, grass-fed New Zealand dairy,' Mr McClay says. The Government is doing its part to ensure more of that value returns to the farm gate by removing barriers, restoring confidence, and improving the regulatory environment for dairy. Already we have: Started the process of replacing the National Policy Statement for Freshwater Management Moved to fundamentally reform the Resource Management Act Halted unworkable winter grazing, stock exclusion, and Significant Natural Area (SNA) rules Begun rebalancing Te Mana o te Wai to restore the rights of all water users Removed agriculture from the Emissions Trading Scheme Disbanded Labour's He Waka Eke Noa initiative Repealed the punitive Ute Tax Commenced an inquiry into rural banking Halted Labour's costly Freshwater Farm Plans Started and completed a number of Free Trade Agreements that offer farmers greater opportunity in new markets. 'Rural communities are the engine room of this economy. When farmers are doing well, it flows through to local businesses, regional jobs, and a growing economy for all New Zealanders,' Mr McClay says.

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