The chairman of Beef + Lamb New Zealand (B+LNZ), James Parsons, has announced he will not be seeking re-election in the organisation’s director elections in March.
Flooding on New Zealand’s north island in June cost the farming industry NZ$70 million, a report published by the Ministry for Primary Industries (MPI) has estimated.
A deal between meat processing and exporting companies to promote New Zealand beef and sheep meat is close to being agreed, according to Beef + Lamb New Zealand (B+LNZ).
Despite reduced lamb export volumes from New Zealand, the value of Free On Board (FOB) exports exceeded NZ$2bn for only the fourth time in history, in the first nine months of the season.
China became New Zealand’s biggest single sheepmeat market last year, accounting for 28% of lamb exports, 52% of mutton exports and 33% of sheepmeat exports.
New Zealand has revised its export lamb slaughter predictions for 2012, after the latest statistics revealed that the country’s lamb slaughter has declined further than expected.