Lamb numbers on the rise

JON MORGAN
Last updated 14:49 28/11/2012

Relevant offers

Farming

Lower milk price 'to boost dividend' Unhappy swede link in cow deaths kept quiet More to honey than money Funding aims to stop the rot Paperwork saved farmers from job scam Youngster proud of family's links with the land Lamb prices ease at Coalgate sales Prime cattle market steady at Canterbury sales Farmer wants 'cowboy' graziers to clean up act Indonesians study our cows

Almost two million more lambs are on farms this spring, according to Beef + Lamb New Zealand's Economic Service.

The extra lambs come after ewes were in top condition for mating, economist Rob Davison says.

However, this season's 26.9 million lamb crop is still the third-smallest since the early 1950s. Only the previous two years were lower.

This means that after replacements are kept, 20.5m lambs will be killed for export, an increase on last year's 18.9m. The average carcass weight will be 18.3kg.

Davison says slightly more ewes were mated in autumn at a time when there was plenty of feed. This lifted the country's average lambing percentage to 123 per cent from 119 per cent.

While there will be more lambs, lamb prices have plummeted this year to $5-6 a kg early in the season, compared to more than $8 a kg this time last year.

Ad Feedback

- BusinessDay.co.nz

Special offers
Opinion poll

Do you agree with claims that Fonterra is transferring wealth from farmers to unit holders and to the dividend in contradiction of its milk price manual?

Yes

No

Vote Result

Related story: Lower milk price 'to boost dividend'

Featured Promotions

Sponsored Content

rural digi editions 4/9

Digital editions

Read our rural publications online