B+LNZ will be responsible for marketing at a higher level - telling the New Zealand story - while processors will leverage off that story in marketing their own products. This means there is little crossover, as processors will be operating within different horizons from B+LNZ.
This is something our industry has been crying out for and is a visionary approach to marketing our beef and lamb, telling that unique NZ story about how we farm and look after our livestock, our landscapes and our communities.
Certainly B+LNZ has the skills and resources to articulate the story of New Zealand sheep and beef farming - but most importantly, it's about encouraging farmers to share their stories with consumers hungry for this sort of information.
Beef: Prime schedules remain firm. Local trade is the driving force in this market with prices between $5.75- 5.90/kg freight paid this week. Export schedules lag behind this at $5.60-5.70/kg with differing premiums on top for Angus.
Lamb: There is some variance in lamb operating prices this week.
The shortage of supply has many processors struggling to meet order requirements, which is resulting in some large spot premiums. $6/kg has been paid this week for some deals, particularly if there are large lines available.