Gisborne hill country sheep and beef
This report contains the key results from the Ministry of Agriculture and Forestry’s 2008 sheep and beef monitoring programme. The full Pastoral Monitoring Report 2008 will be available in December 2008.
Key points
- The Gisborne region largely escaped the drought that affected most of New Zealand during 2007/08.
- The 2006/07 drought in this region reduced the amount of stock for sale in 2007/08 leading to 27 percent fall in net cash income.
- Expenditure in 2007/08 was kept at a similar level to the previous year. The rapid rise in fertiliser prices lead to a reduction in application rates and the same is expected for 2008/09.
- The outlook for 2008/09 is for an improvement in profitability driven by higher prices for sheep and cattle and restrained expenditure.
- Although the farm surplus for reinvestment in 2008/09 is forecast to improve significantly on 2007/08, it is not a large amount ($20 000) for reinvestment.
Table 1: Key parameters, financial results and forecast for the Gisborne hill country sheep and beef model farm
Gisborne hill country sheep and beef model budget and expenditure
Table 2: Gisborne hill country sheep and beef model budget
Table 3: Gisborne hill country sheep and beef model expenditure
Gisborne hill country sheep and beef model farm profitability trends
Figure 1: Gisborne hill country sheep and beef model farm profitability trends
Information about the model
The Gisborne hill country sheep and beef model represents about 600 farms on steep hill country and easier hill country on mudstone soils with some pumice overlay in the Gisborne and Wairoa districts. The model farm’s stock policy is based on breeding ewes and cows with replacement stock retained, surplus stock sold prime or store and some trading stock for finishing or margin trading.
For more information on the model contact: Loretta.Dobbs@maf.govt.nz
Published by:
MAF Policy
Ministry of Agriculture and Forestry
Pastoral House
25 The Terrace
PO Box 2526
Wellington 6140
New Zealand
Tel: 64 4 894 0100
Fax: 64 4 894 0720
Web: www.maf.govt.nz
ISSN 1178-4385 (Online)
© Crown copyright – Ministry of Agriculture and Forestry 2008
The information in this report by the Ministry of Agriculture and Forestry is based on the best information available to the Ministry at the time it was drawn up and all due care was exercised in its preparation. As it is not possible to foresee all uses of this information or to predict all future developments and trends, any subsequent action that relies on the accuracy of the information in this report is the sole commercial decision of the user and is taken at his/her own risk. Accordingly, the Ministry of Agriculture and Forestry disclaims any liability whatsoever for any losses or damages arising out of the use of this information, or in respect of any actions taken.
Contact for Enquiries
Farm Monitoring Programme Manager
Monitoring and Evaluation
MAF Policy
PO Box 2526
Wellington
NEW ZEALAND
Phone: +64 4 894 0623
Fax: +64 4 894 0741
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