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Jamie Mackay: The Country host on the sheep and beef profits forecast for 2025-26

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The average sheep and beef farm is forecast to make double what they did last year - according to new projections. 

The Mid-Season Update by Beef + Lamb New Zealand’s Economic Service is forecasting an average profit before tax for 2025-26 of $287,600 per farm, following two difficult seasons for the sector.

The Country's Jamie Mackay explained further.

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