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This report provides additional information for the New Zealand 2018 Annual Livestock Report.
FAS/Wellington forecasts 2018 beef production to be significantly higher at 670,000 metric tons (MT), which is expected to increase exports to 603,000 MT.
Dairy Farmers are now in the second year of below breakeven farmgate milk prices and have cut the national dairy cow herd number over the last eighteen months by five percent to 4.9 million head.
New Zealand deciduous fruit exports at 351,000 metric tons for MY2015/2016 are three percent greater than the previous forecast, because of an almost perfect growing season in the main growing region.