5 Nov 2010

Southland farmers facing big losses due to storm

11:09 pm on 5 November 2010

The Ministry of Agriculture and Forestry has released its annual Farm Monitoring Overview which paints a bleak picture of losses faced by sheep and beef farmers in Southland.

The report shows that the fluctuating fortunes of the pastoral and horitcultural sectors are likely to continue into next year.

Before the storms in Southland and the central North Island in October, the spring lambing had been expected to match the record-setting percentages in 2009.

However, an early MAF estimate suggests the national lamb kill will be down 1.2 million this year compared with last year.

The ministry says the average Southland sheep and beef farmer will make a loss of between $30,000 and $40,000 this year due to the storm.