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07-03-2013 08:34 AM
| New Zealand
Beef and sheep farm income under threat
Low lamb prices and the ongoing drought are predicted to slash sheep and beef farm income this season.
Beef + Lamb New Zealand's Economic Service mid-season update estimates that farm profit before tax this season will fall 54 per cent on last season, to an average of $73,000.
Beef + Lamb New Zealand's Economic Service mid-season update estimates that farm profit before tax this season will fall 54 per cent on last season, to an average of $73,000.
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