New Zealand Agribusiness Monthly September 2016
September 2016
This monthly update provides a market outlook for dairy, beef and other key commodities, and gives an overview of what developments to watch in the weeks to come.
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- Dairy: Lift in Fonterra forecast brings the farmgate milk prace back above the national breakeven price.
- Beef: The weak US imported beef market and elevated NZD are acting to constrain cattle prices.
- Sheepmeat: Declining lamb slaughter underpins the recent rise in North Island farmgate prices.