Attaché Report (GAIN)

New Zealand: Livestock and Products Semi-Annual

Favorable pricing and weather conditions for New Zealand cattle farmers have resulted in a retention of finishing cattle on farms and less slaughter in 2024. Farm operations face challenges with continuing financial pressure such as high debt, increasing on-farm inflation, and declining farmgate margins.
Attaché Report (GAIN)

New Zealand: Livestock and Products Semi-Annual

Following a gradual decline in the national cattle herd over the previous years, breeding cow numbers for beef and dairy are looking to stabilize in 2024. At the end of 2023, a new national coalition government was elected.
Attaché Report (GAIN)

New Zealand: Livestock and Products Semi-Annual

Since hitting peak numbers in 2016, the New Zealand national cattle herd has been very gradually declining and this is expected to continue in 2023.