Sam McIvor: Beef and Lamb CEO says farm profit is predicted to decrease by 31 percent from update before

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Recorded15 Mar 2023

Publisheromnycontent.com ↗

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High inflation is hitting the back pockets of farmers. The Beef and Lamb New Zealand 2022 to 2023 Mid-Season Update says that farm profit is predicted to decrease by 31 percent from the update before it. Beef and Lamb Chief Executive Sam McIvor told Mike Hosking they're facing a lot of cost increases in things like fertiliser, which has been pushed up by the Ukraine War. LISTEN ABOVE See omnystudio.com/listener for privacy information.

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