Kiwi sheep famers will have to brace themselves for another tough earnings season.

Beef and Lamb New Zealand’s new season outlook says farm profit margins were being hit by high costs, especially interest payments, reaching low levels similar to those seen in the 1980s and 1990s.

The Country's Jamie Mackay explains the issue further.

LISTEN ABOVE

Kiwi sheep famers will have to brace themselves for another tough earnings season.
Beef and Lamb New Zealand’s new season outlook says farm profit margins were being hit by high costs, especially interest payments, reaching low levels similar to those seen in the 1980s and 1990s.
The Country's Jamie Mackay explains the issue further.
LISTEN ABOVE

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