High stakes in the high country for sheep farming

farmersweekly.co.nz

High stakes in the high country for sheep farming

Reading Time: 3 minutes Farming sheep definitely has a future but it will require a substantial lift in prices and a recovery in crossbred wool return to be economically sustainable, say farmers and sector leaders. Those spoken to urge sheep farmers to stay positive and to plan for the long term, though exporters think it could be late this year or early next before lamb prices recover. Prospects for a significant turnaround in wool are less ob…