BREAKING NEWS
Winz killer Russell John Tully to serve at least 27 years in jail ... Read more
Close

Lamb price down as weather bites

Last updated 15:48 15/02/2013

Relevant offers

Business

Marlborough cycleway extensions delayed Marlborough City debate finds common ground in need to consider Blenheim's marketing Saint Clair Family Estate buys fellow Marlborough wine company Lake Chalice Marlborough City: pros and cons with winemaker Josh Scott and National Kaikoura MP Stuart Smith Proposal to change Blenheim's name to Marlborough City not that unusual Another 26 hotels needed for tourist boom Blenheim Business Association holding event to showcase future direction Marlborough wine brand Blind River has won five trophies at the 2016 International Wine Challenge Should Blenheim be renamed Marlborough City as nod to wine industry? How neighbours from hell are damaging our vineyards

Marlborough sheep farmers are reeling from the dramatic drop in lamb returns, after the gains of last year, says Awatere farmer Greg Harris.

A dry cold spring, poor lamb survival rates and poor lamb growth had compounded the effects of the severely reduced lamb prices paid this year, Mr Harris said.

"People could be making a third or a half less of their budgeted lamb income for the season, and that's hugely detrimental to our bottom line."

Lambs were slow to fatten up because of the poor pasture growth in spring, and for the first time in years, he had sold his lamb store rather than fattening them on farm.

"Nationally, stock firms are reporting lamb growth as 20 per cent behind the usual growth rate, the compounding affects of that is pretty huge."

Farmers tried to manage the variables of the climate and exchange rate by diversifying with sheep, cattle and wool, but the the volatility of prices was impossible to predict, he said.

"Farmers will be looking at getting through February and March now and hoping for some good autumn growth to get them through winter."

Ad Feedback

- The Marlborough Express

Comments

Special offers

Featured Promotions

Sponsored Content