Alliance Group this week announced a significant loss for the 2023 financial year.
The co-operative lost over $70 million, as geo-political tensions, inflationary pressures and weakening global markets continued to affect the red meat sector.
The Country's Jamie Mackay says the current volatile market has created extra pressure for the struggling sector.
LISTEN ABOVE

Enda Brady: UK correspondent speaks ahead of Trump appearance at NATO summit
03:54

Hamish McKay: The Country spokesperson on the impacts of the rain in Kaikōura
03:25

The Huddle: Should we be worried about China?
09:29