# Big meat returns boost incomes

> Beef + Lamb NZ forecasts that beef and lamb export returns will each exceed NZ$3 billion for the first time in the 2017-18 season. Lamb farmgate prices are forecast up 15%, and sheep and beef farm incomes are expected to rise 39%.

- Date: 2018-04-05 · published 2018-04-05T12:00:00.000Z
- Category: market · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/65457-big-meat-returns-boost-incomes
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Feeder Cattle](https://feedsoft.ai/c/FCATTLE.md)

## Why it matters

Strong New Zealand meat prices and export returns support global red meat values, but the story describes farm incomes and has limited direct effect on feed commodity markets.

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/news/big-meat-returns-boost-incomes/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.