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

An episode of the Best of Business podcast, hosted by Newstalk ZB, titled "Sam McIvor: Beef and Lamb NZ CEO on report forecasting a 30 per cent decrease in average farm profit" was published on May 29, 2023 and runs 3 minutes.

May 29, 2023 ·3m · Best of Business

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Episode Description

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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