Australian lamb exports growing in benefit of NZ gradual flock decline

Australia's biggest sheep meat export competitor New Zealand has reduced its sheep flock dramatically over the years but what does the future look like for the country and how will it impact our markets? According to market insider NZ's flock had significantly declined from around 60 million in the early 1990s to 27 million now. Therefore, the commodity has immense potentiality and it needs proper attention.