Beef + Lamb New Zealand has revised its farm profit forecast before tax up to $126,000 for all classes of sheep and beef farms which is up 39 per cent on last season.
Chief Economist for Beef + Lamb New Zealand Andrew Burtt spoke to The Country's Jamie Mackay abouta good season for sheep and beef farmers.
Lamb and beef are both likely to break the $3 billion mark for the first time and even mutton is doing well with strong prices in markets.
