New Zealand: Spring delivers renewed optimism for sheepmeat

게시됨 2024년 11월 21일

Tridge 요약

The article provides an overview of the New Zealand and Australian agricultural markets, focusing on the export values and volumes of processed sheepmeat and milk, as well as the milk production trends and market fluctuations in fertriliser prices. It highlights a decrease of 16% in processed sheepmeat exports year-on-year, with a slight increase in average export values for both lamb and mutton. The upcoming Chinese New Year is mentioned as a significant period for mutton consumption. Dairy New Zealand's milk production has seen a strong growth of 4.1% year-on-year, leading the start of the 2024/25 production season with promising results. In contrast, Australian milk production experienced a slight increase of 1.4% year-on-year. The article also touches on the market dynamics and demand for beef, lamb, and dairy products in various regions, including the United Kingdom, Europe, and Japan. Additionally, it discusses the impact of weather conditions and production challenges on lamb numbers for the 2024/25 export season. Furthermore, it addresses the current situation and future expectations of the global fertiliser market, particularly urea, phosphate, and potash prices, noting the influence of the US dollar strength and the potential effects of Indian import demand.

면책 조항: 위의 요약은 정보 제공 목적으로 Tridge 자체 학습 AI 모델에 의해 생성되었습니다.

원본 콘텐츠

Average export values continue their upward march with lamb at $11.83/kg cwt for September. However, the overall flow of processed sheepmeat was slow in September, with total export volumes down 16% year-on-year (YOY) to 16,200 tonnes. With eyes firmly on new season lambs, the final slaughter tally for the 12 months to 28 September 2024 was close to 18.35m head, up 1.8% on the 2022/23 season. Mutton numbers came in at nearly 3.1m head, down 6% on last season. With fewer ewes, slightly lower lambing percentages, and severe weather affecting the hub of the lower South Island during lambing, lamb numbers for the 2024/25 export season are likely to fall short of the 2023/24 tally. There is a possibility of processing fewer than 17m head. Export to China for Chinese New Year celebrations need to be shipped by mid-November. Chinese New Year is a vital consumption period for mutton and reflects the market's positive outlook. The good news is that average export values of mutton to China ...

출처: Ruralnewsgroup