Podcasts Other The Mike Hosking Breakfast Sam McIvor: Beef and Lamb NZ CEO on report forecasting a 30 per cent decrease in average farm profit

Sam McIvor: Beef and Lamb NZ CEO on report forecasting a 30 per cent decrease in average farm profit

Published: May 29, 2023, 7:45 p.m.

Beef and Lamb are forecasting a 30 per cent decrease in average farm profit.

A new report shows on farm inflation is at 16.7 per cent, which the highest it has been in 40 years and is two and a half times the consumer price inflation rate.

Beef and Lamb NZ Chief Executive Sam McIvor joined Mike Hosking.

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