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Posts Tagged ‘Exchange rates’

It isn’t only money that motivates farmers

Tuesday, May 4th, 2010

The taste of lamb that we know and love so well is also appreciated by diners in Britain and Europe. Sales in this market that takes half of our exports have never been better. It is the same story for our beef in the United States reports The Dom Post.  Our sheep and beef farmers should be grinning, but they are not. The benefits of all these extra sales at high prices are not ending up in their bank accounts. By the time the exchange rate is calculated they are no better off.

It is frustrating, to say the least. NZ is a world leader in agriculture production, combining science with farm management skills to get the best out of a climate ideal for year-round pasture farming. Science has provided the tools and farmers have worked hard to use them to the best of their abilities. Commercial acumen has assisted in marketing the produce despite tough economic times.

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