Beef + Lamb New Zealand Ltd Economic Service P.O. BOX 121 WELLINGTON 6140 E-MAIL econ@beeflambnz.

com WEBSITE www.beeflambnz.com PHONE (04) 473 9150

Compendium of New Zealand

Farm Facts

35th EDITION

MARCH 2011

ISSN 1176-824X | Publication No. P11005

ACKNOWLEDGEMENTS
DEER INDUSTRY NEW ZEALAND INTERNATIONAL WOOL TEXTILE ORGANISATION LIVESTOCK IMPROVEMENT CORPORATION LTD MINISTRY OF AGRICULTURE AND FORESTRY NIWA STATISTICS NEW ZEALAND NZ PORK INDUSTRY BOARD ASUREQUALITY
BEEF + LAMB NEW ZEALAND ECONOMIC SERVICE MANAGERS
TIM HEMBROW Western North Island (Supervisor) T: 06 323 0508 M: 027 333 6289 tim.hembrow@beeflambnz.com STEPHEN SINCLAIR Northern North Island T: 07 839 4260 M: 027 555 9127 stephen.sinclair@beeflambnz.com STEVEN REDDEN Eastern North Island T: 06 870 3496 M: 027 248 3521 steven.redden@beeflambnz.com GARY WALTON Extension & Uptake Manager T: 03 357 0692 M: 027 496 4700 gary.walton@beeflambnz.com NICOLA BRADSTREET Mid Northern North Island T: 07 872 2780 M: 027 556 8836 MARK HARRIS Eastern North Island T: 06 870 3495 M: 027 577 9991 mark.harris@beeflambnz.com RICHMOND BEETHAM Eastern North Island T: 06 370 2389 M: 027 431 7626 IAN JAMIESON Northern North Island T: 07 839 4261 M: 027 415 6537 ian.jamieson@beeflambnz.com JOHN HOLMES Northern South Island T: 03 357 0696 M: 027 431 2583 john.holmes@beeflambnz.com JENNY MCGIMPSEY Southern South Island T: 03 204 0859 M: 027 458 8067 jenny.mcgimpsey@beeflambnz.com CHRIS BOOM Northland T: 09 437 6677 M: 027 488 4463 chris.boom@beeflambnz.com JANSEN TRAVIS Northern South Island T: 03 357 0693 M: 027 496 8496 AARON MEIKLE Central South Island (Supervisor) T: 03 433 1392 M: 027 498 9703 aaron.meikle@beeflambnz.com PAUL MCCAULEY Southern South Island T: 03 448 9176 M: 027 522 3499

NEW ZEALAND WOOL SERVICE INTERNATIONAL LTD

This booklet brings together in summary form a selection of information which is available from recognised sources noted above and to whom thanks are due.

CONTENTS

PAGE

NEW ZEALAND FARM PRODUCTION GENERAL ............................ 1 SHEEP ................................................................................................ 3 WOOL ............................................................................................... 3 MEAT ................................................................................................. 6 MEAT EXPORTS BY REGION ............................................................. 7 AVERAGE EXPORT CARCASE WEIGHTS ......................................... 7 LAMB & BULL PRICES ....................................................................... 8 MEAT EXPORTS ................................................................................. 9 AVERAGE EXPORT PAYMENT TO FARMERS .................................... 9 BEEF CATTLE.................................................................................... 10 DAIRYING ....................................................................................... 10 ARABLE ........................................................................................... 12 PIGS, DEER & GOATS ..................................................................... 13 NEW ZEALAND MEAT CONSUMPTION ......................................... 14 FARMS BY FARM TYPE .................................................................... 15 FERTILISER ........................................................................................ 15 LIVESTOCK PRODUCTIVITY ............................................................ 16 SHEEP & BEEF FARM REVENUE SOURCES ..................................... 16 ALL CLASSES SHEEP AND BEEF FARM .......................................... 17 VALUE AND VOLUME OF AGRICULTURAL PRODUCTION AND EXPORTS ................................................................................ 18 VALUE OF NEW ZEALAND EXPORTS ............................................. 19 LIVESTOCK NUMBERS ................................................................... 21 LIVESTOCK NUMBERS BY PRODUCTION REGION ....................... 21 MAP OF NEW ZEALAND ................................................................ 23 CONTACTS . ...24
BEEF + LAMB NEW ZEALAND LTD ECONOMIC SERVICE PO BOX 121 WELLINGTON 6140 e-mail econ@beeflambnz.com Website www.beeflambnz.com Phone 04 473 9150

BEEF + LAMB NEW ZEALAND EXTENSION MANAGERS

nicola.bradstreet@beeflambnz.com jansen.travis@beeflambnz.com

richmond.beetham@beeflambnz.com paul.mccauley@beeflambnz.com MARK YOUNG Geneticist T: 03 357 0694 M: 027 220 6780 mark.young@beeflambnz.com

NEW ZEALAND FARM PRODUCTION GENERAL

Area Situation The total area of New Zealand (including minor islands) is 26.8 million hectares. The main islands are located between latitudes 34 and 4 7S and from 166 to 179E longitude. Including outlying islands, New Zealands administrative boundaries are significantly larger. Approximately 1600 kilometres north to south and 450 kilometres at the widest point. New Zealand is very m ountainous with approximately one quarter of the total area below 200 metres altitude.

Distance

North Island 11.5 million ha. Mountainous area is one-tenth of total. South Island 15.0 million ha. Mountainous area is over half of total. Climate N ew Zealand national climate summary for 2010: Settled and warm. Annual mean sea level pressures were above average over the New Zealand region in 2010. The increased prevalence of anticyclones (highs) near New Zealand produced a relatively settled climate for the year overall, with average or above average annual temperatures in all regions, normal or above normal sunshine hours in most districts, and drought at either end of the year.

ANNUAL RAINFALL BY DISTRICT (mm)*

NORTH ISLAND Kaitaia Whangarei Auckland Tauranga Hamilton Rotorua Gisborne Taupo New Plymouth Napier Wanganui Palmerston North Masterton Wellington
Source: NIWA (Atmospheric Division)

1,334 1,490 1,240 1,198 1,190 1,401 1,050 1,102 1,432 803 882 966 979 1,249

SOUTH ISLAND Nelson Blenheim Westport Kaikoura Hokitika Christchurch Mt Cook Lake Tekapo Timaru Milford Sound Queenstown Alexandra Manapouri Dunedin Invercargill Chatham Islands 970 655 2,274 844 2,875 648 4,293 600 573 6,749 913 360 1,164 812 1,112 855 1

*30 year average.

POPULATION (2010): New Zealands total population is estimated at 4,367,700 at 30 June 2010, an increase of 1.2 per cent over the previous 12 months. Based on 2006 Census data 14% of the population live in rural areas and 86% live in urban areas. 76% of the urban population is in the North Island.
MAIN URBAN AREAS Whangarei Auckland Hamilton Tauranga Rotorua Gisborne Napier / Hastings New Plymouth Wanganui Palmerston North Kapiti Wellington Nelson Christchurch Dunedin Invercargill 51,900 1,354,900 203,400 120,000 55,900 34,200 124,400 52,200 39,700 81,600 40,000 389,700 59,800 390,300 116,600 48,700 SECONDARY URBAN AREAS Pukekohe Tokoroa Taupo Whakatane Hawera Feilding Levin Masterton Blenheim Greymouth Ashburton Timaru Oamaru Gore 25,600 13,400 22,300 18,750 11,050 14,500 19,550 20,100 30,200 10,000 17,800 27,600 12,950 9,770

AREA OF FARMING LAND 20071: 14.7 million hectares. The allocation in million hectares was: 11.0 in grassland, lucerne, tussock or danthonia 1.7 in plantations 0.1 in horticulture 1.9 other land or holdings FARM HOLDINGS 2007: In 2007 there were 63,336 holdings, irrespective of size or location, with an average area of 232 hectares. TYPES OF FARMS 2007: 6% mainly sheep & beef farming 4 18% mainly dairy farming 1% mixed livestock
1

3% crop farming 17% hort. & orchards 15% other

Source: Statistics New Zealand, Agricultural Census 2007, ANZSIC 2006

SHEEP
Sheep Numbers at 30 June 2010p 21.7 million Breeding ewes 10.8 million ewe hoggets, dry ewes, wethers, rams 32.5 million sheep wintered -23.1% on 2000 +0.4% on 2009
p = Provisional.

SHEEP BREEDS

Other 27.8%

Romney 45.1%

Halfbred 0.6% Merino 4.8% Perendale 9.2% Corriedale 2.5%

Coopworth 10.0%

Source: Beef + Lamb New Zealand Economic Service Sheep & Beef Farm Survey 200809

BREEDING FLOCKS The major breed in the North Island and southern districts of the South Island is the Romney. Corriedale and Halfbred sheep are mainly found in Canterbury, Marlborough and parts of Otago. Merino sheep are predominantly farmed in the South Island high country.

WOOL
New Zealand is the third largest producer of wool on a clean basis in the world, and produces 11% of world production. The main shear generally takes place from November to January and sheep are machine shorn on approximately 45,000 stands. Merino sheep are sometimes blade shorn in cooler regions.

WOOL PRODUCTION AND AUCTION PRICE 000 TONNES

GREASY 1939-40 1959-60 1979-80 1985-86 1990-91 1991-92 1992-93 1993-94 1994-95 1995-96 1996-97 1997-98 1998-99 1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 141 262 357 358 305 296 256 284 289 269 275 266 252 257 237 229 230 218 216 225 218 206 158 173

NZ CENTS PER KG GREASY 22.4 82.0 265.1 343.8 316.4 327.6 326.8 312.4 414.4 371.5 333.2 337.5 304.0 329.9 392.2 385.3 414.0 353.3 326.1 298.4 309.6 313.7 308.7 313.5

Source: Beef + Lamb New Zealand Economic Service

WOOL SALES (CLEAN)

Year Ended June 2010
Slipe Wool 11% Auction Sales 48%

Private Sales 41%

Source: Beef + Lamb New Zealand Economic Service

WOOL SOLD AT AUCTION (CLEAN)

Year Ended June 2009
Fine <25 micron 10.4% Dag Wool 0.2% Medium 2531 micron 1.5%

Strong >31 micron 87.9%

Source: Beef + Lamb New Zealand Economic Service

ANNUAL WOOL PRICE TREND

Cents per kg

Fine <25m Medium 2531m Strong >31m Source: Beef + Lamb New Zealand Economic Service New Zealand Wool Service International Ltd

Wool fibre export earnings for the year ended 30 June 2010 were $552.5 million (FOB). Wool carpet and rug export receipts were $72.4 million with intermediate products (tops, yarns and sliver) and other final woollen products contributing a further $120.8 million. All wool products represented 2.1% ($745.8 million) of the total value of New Zealand merchandise exports.
5

WOOL EXPORTS (CLEAN)

Year Ended June 2010
Middle East 4% South Asia 13% Other 5%

European Union 30%

Pacific 4%

North America 2% North Asia 42%

Source: Beef + Lamb New Zealand Economic Service

MEAT
Total inspected slaughter for the year ended 30 September 2010 at export plants and abattoirs were: million lambs 0.7 million pigs 21.4
3.9 2.4 1.6 million sheep million cattle million calves 0.4 0.1 million deer million goats

Total meat production on a bone-in basis for the same period was:
000 TONNES 375.2 95.7 635.3 47.1 1.2 21.3 1175.8 % AVAILABLE FOR EXPORT 93% 91% 82% 4% 81% 99% 84% Lamb Mutton Beef & Veal Pig meat Goat meat Venison

Source: Ministry of Agriculture and Forestry (MAF) Beef + Lamb New Zealand Economic Service Statistics New Zealand Deer Industry New Zealand (DINZ)

MEAT EXPORTS BY REGION Major destinations of 2009-10 meat shipments by shipped weight were:
SEPTEMBER YEAR Africa European Union Middle East North America North Asia Pacific South Asia Others
1

LAMB 3% 49% 10% 12% 16% 5% 1% 4% 100%

MUTTON BEEF & VEAL 5% 29% 10% 14% 25% 4% 12% 1% 100% 0% 3% 2% 50% 26% 3% 14% 2% 100%

OTHER1 12% 21% 6% 2% 26% 3% 25% 5% 100%

meat and offal, variety meats, goat meat.

Source: Beef + Lamb New Zealand Economic Service New Zealand Meat Board

AVERAGE EXPORT CARCASE WEIGHTS Kilograms per head:

YEAR ENDED 30 SEPTEMBER LAMB North Island South Island NEW ZEALAND MUTTON North Island South Island NEW ZEALAND STEER AND HEIFER North Island South Island NEW ZEALAND COW North Island South Island NEW ZEALAND BULL North Island South Island NEW ZEALAND 2009 17.70 17.65 17.67 23.65 25.44 24.56 272.56 285.20 275.96 196.35 209.67 199.76 299.29 307.79 300.84 2010 % CHANGE 17.58 17.68 17.63 23.38 26.12 24.75 279.96 292.91 283.53 195.33 210.94 199.28 309.60 318.78 311.28 -0.7% 0.2% -0.2% -1.1% 2.7% 0.8% 2.7% 2.7% 2.7% -0.5% 0.6% -0.2% 3.4% 3.6% 3.5%

Source: Beef + Lamb New Zealand Economic Service New Zealand Meat Board

YM LAMB $ PER HEAD MONTH AND ANNUAL AVERAGE

100 90 80 12 mth av. $80.57 $73.23

$ per head

70 60 50 40 2008 Sep 2009 Sep 2008 Mar 2009 Mar 2010 Mar 337 2010 Mar 2007 Mar 2004 Mar 2005 Mar 2006 Mar 2004 Sep 2005 Sep 2006 Sep 2007 Sep 2010 Sep 2010 Sep

Average Carcase 15.6kg Source: Beef + Lamb New Zealand Economic Service

M BULL CENTS PER KG MONTH AND ANNUAL AVERAGE

470 420 370 12 mth av. 349

per kg

320 270 220 2006 Mar 2007 Mar 2008 Mar 2009 Mar 2004 Mar 2005 Mar 2009 Sep 2004 Sep 2005 Sep 2006 Sep 2007 Sep 2008 Sep

Average Carcase 270295kg Source: Beef + Lamb New Zealand Economic Service

MEAT EXPORTS
Year Ended 30 September 2010 TYPE Carcases Cuts Boneless LAMB Carcases Cuts Boneless MUTTON Carcases Cuts Boneless BEEF Carcases Cuts Boneless BOBBY GOAT OFFALS TOTAL TOTAL SHIPPED TONNES 8,121 242,342 45,179 295,642 9,346 27,524 26,230 63,099 34 25,203 324,811 350,047 948 3,789 11,242 15,979 968 65,152 790,888 FOB $(000) 54,742 1,792,461 536,389 2,383,593 39,790 117,058 190,745 347,593 139 78,932 1,724,841 1,803,912 2,859 14,615 49,055 66,529 6,887 188,906 4,797,419 $ PER SHIPPED TONNE 6,741 7,396 11,872 8,062 4,258 4,253 7,272 5,509 4,104 3,132 5,310 5,153 3,016 3,857 4,364 4,164 7,114 2,899 6,066

Source: Beef + Lamb New Zealand Economic Service

AVERAGE EXPORT PAYMENT TO FARMERS

Year Ended 30 September 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010
1

LAMB1 $ PER HEAD 49.81 63.62 70.73 64.23 65.52 68.25 55.92 53.61 57.90 88.76 80.24

MUTTON1 $ PER HEAD 26.27 42.13 51.89 47.06 46.54 47.15 40.38 36.26 34.08 50.02 56.44

BEEF $ PER HEAD 777.66 966.38 945.26 697.64 725.34 787.93 800.36 789.69 809.56 818.68 810.87

Per head returns including skin and wool pull payments net of processing charges. 9

Source: Beef + Lamb New Zealand Economic Service

BEEF CATTLE
BEEF CATTLE AT 30 JUNE 2010p Beef cattle numbers were provisionally 3.9 million at 30 June 2010 of which 1.1 million were beef breeding cows and heifers. 71% of total beef cattle were in the North Island. BEEF CATTLE BREEDS 2008-09
Angus Angus Hereford Hereford Other 23% 10% 8% 7% Friesian Hereford Friesian Mixed 2% 22% 28%

Few farmers devote themselves exclusively to beef production. In general, the raising and finishing of beef cattle is carried out in conjunction with sheep farming. In addition, beef is produced from cull dairy cows and bobby calves. p = Provisional.

DAIRYING
DAIRY CATTLE AT 30 JUNE 2010p Dairy cattle including cows, replacement heifers and breeding bulls, totalled 6.0 million at 30 June 2010. DAIRY COW BREEDS 200910
Jersey 13%

Holstein-Friesian 42%

Holstein-Friesian/ Jersey 36%

Ayrshire 1% Other 8%
Source: Livestock Improvement Corporation Ltd Beef + Lamb New Zealand Economic Service

65% of dairy cattle were in the North Island. The total herd of dairy cows and heifers in calf at 30 June 2010 was 4.6 million.
p = Provisional. 10

HERD SIZE Average herd size in 1979-80 124 cows 2009-10 376 cows (+203%) DAIRY HERD SIZE DISTRIBUTION 200910
25% 20%

% of Total Herds

15% 10% 5% 0%

450 to 499

100 to 149

150 to 199

200 to 249

250 to 299

300 to 349

350 to 399

400 to 449

10 to 49

50 to 99

Source: ivestock Improvement Corporation Ltd L

DAIRY PRODUCTION 2009-10 SEASON Seasonal herd test averages showed production per cow was 318 kg milk solids or 3,642 litres of milk (comprising 181 kg milk fat and 137 kg protein content). In 2009-10, 1.44 million tonnes of milk solids were processed by dairy factories. EXPORTS OF DAIRY PRODUCE
Year Ended September 2010 Butter Milk Powder Cheese Whey Milk solids Skim milk Whole milk Casein
Source: Statistics New Zealand

000 TONNES 395 1,298 281 87 1,234 363 892 63

500+

11

DAIRY COMPANIES There are four co-operative New Zealand dairy companies; Fonterra, Tatua, Westland and Gisborne Milk co-operative. In addition, there are three other non co-operative dairy companies exporting dairy products - New Zealand Dairies Ltd, Open Country Dairy Ltd and Synlait Milk Ltd. The largest of these companies is Fonterra which is owned by over 11,000 dairy farmers out of approximately 11,690 dairy farms. Fonterra accounts for around 95% of New Zealand dairy production. DAIRY MEAT In the year ended 30 September 2010, 1.5 million bobby calves and 0.62 million cull cows were slaughtered. In spring 2009, an estimated 0.88 million calves were retained for dairy beef production.

ARABLE
Arable farming in New Zealand is located mainly in the South Island on the plains and easier downland country. The greater portion of the area sown is in Canterbury. The following summarises the main arable production: CASH CROPS
YEAR ENDED JUNE 2010p Barley Wheat Maize Oats Other p = Provisional.
Source: Statistics New Zealand

HECTARES 53,400 57,200 18,600 9,100 2,100

YIELD PER HA 5.9 tonnes 8.2 tonnes 10.9 tonnes 5.4 tonnes 6.2 tonnes

A large percentage of pasture seeds are grown under the MAFBNZ Seed Varietal Certification Scheme administered by AsureQuality Limited. The scheme operates to ensure that cultivars of important plant species maintain their identity through successive generations of multiplication for the ultimate benefit of the end user.

12

CERTIFIED CROP & PASTURE SEEDS

YEAR ENDED DECEMBER (TONNES) Perennial Ryegrass Other Ryegrass Cocksfoot Prairie Grass Browntop Tall Fescue White Clover Red Clover Other Clovers and Lucerne Brassica Cereals Peas Linseed Plantain Other
Source: AsureQuality

2007 14,057 6,537 273 37 97 278 3,255 234 28 1,275 6,651 30 4 194 1,869

2008 14,138 8,746 229 73 287 552 2,777 175 15 1,890 7,416 198 8 106 1,505

2009 16,716 10,326 263 148 147 440 2,862 124 47 1,454 5,653 54 43 0 2,076

PIGS
At 30 June 2010, estimated total pigs numbered 325,000. Of these 32,300 were estimated breeding sows. There were 200 Registered Pig Farms according to the New Zealand Pork Industry Board. For the year ended 30 September 2010, pig slaughter numbers were 694,137, which produced 47,081 tonnes of pig meat. The South Island accounted for 62.7% of total pig meat production. Most of the pig meat production is consumed in the local market. Total supply of pig meat in 2009-10 was 84,772 tonnes, of which 37,960 tonnes were imported in to New Zealand.

13

DEER
FARMED DEER NUMBERS AT 30 JUNE 2010p
Breeding hinds Weaners p = Provisional. 569,100 432,516 Other deer Total deer 148,000 1,149,616

For the year ended September 2010, total deer industry exports were $280 million. Venison exports were worth $211 million, velvet export earnings totalled $31 million while co-products and other totalled $14 million. Deer hides and leather receipts were $22.7 million. Venison exports total 15,693 tonnes, of which 37% went to Germany, 17% was imported through Benelux and 7% went to France. In 2009-10 China was the largest export destination for New Zealand velvet accounting for 43% of exports, although Korea remains the largest market for the consumption of New Zealand velvet.

GOATS
A total of 82,229 farmed goats were recorded in 2009 by Statistics New Zealand. 67% of goats were in the North Island with the largest population in the Waikato region. It is estimated that two thirds of goats were on commercial Sheep and Beef farms. For the year ended September 2010, goat exports totalled $7.8 million (excludes goat dairy products). This comprised $6.9 million of goat meat, $0.5 million goat fibre and $0.4 million for skins.

NEW ZEALAND MEAT CONSUMPTION

Year Ended September 2009 Lamb Mutton Beef and Veal Poultry Pig meat TOTAL
Source: Beef + Lamb New Zealand Economic Service NZ Pork Industry Board NZ Poultry Industry Association

KG PER CAPITA 7.5 2.8 28.0 31.3 19.6 89.2

% 8% 4% 31% 35% 22% 100%

14

FARMS BY FARM TYPE AT 30 JUNE 2007

PASTORAL Dairying Sheep & Beef Farming Cropping Deer Farming Goat Farming Mixed Livestock Farming Pig Farming Poultry Total Other TOTAL ALL FARM TYPES
Source: Statistics New Zealand 2007 Agricultural Census

NUMBER OF FARMS* 11,400 29,241 1,878 1,581 N/A 768 327 153 45,348 17,988 63,336

AREA IN SOWN PASTURE (000 HA) 2,016 9,574 213 341 N/A 218 17 7 12,387 2,314 14,701

* Includes non-commercial small holding farms.

FERTILISER
FERTILISER SALES Most New Zealand soils need fertilisers - especially phosphate and sulphur - and topdressing of pastures is essential for their maintenance and productivity. Peak deliveries each year are made in October and again in February to April, when spring and autumn topdressing takes place. TOTAL FERTILISER SALES SHEEP & BEEF, DAIRY, HORTICULTURE, CROPPING
3.5

Tonnes (million)

3.0 2.5 2.0 1.5 1.0 0.5 0.0

198788

198889

198990

199091

199192

199293

199394

199495

199596

199697

199798

199899

199900

200001

200102

200203

200304

200405

200506

200607

200708

200809

Source: Beef + Lamb New Zealand Economic Service Fertiliser Companies

p = Provisional. 15

200910p

Fertiliser usage varies considerably between regions due to differences in soil type, climate and type of farming. There is a strong link between stock performance and fertiliser use. SHEEP AND BEEF FARM FERTILISER USE 200910p
REGION Northland / Waikato / BOP East Coast Taranaki / Manawatu NORTH ISLAND Marlborough / Canterbury Otago / Southland SOUTH ISLAND NEW ZEALAND
Source: Beef + Lamb New Zealand Economic Service

KILOGRAMS PER STOCK UNIT 17.1 13.2 12.6 14.4 22.7 16.7 20.1 17.0

KILOGRAMS PER HECTARE 168.9 109.6 117.7 129.3 92.1 88.7 89.5 103.9

p = Provisional.

LIVESTOCK PRODUCTIVITY
Lambing Percentage Average Lamb Wt (kg) Lamb (kg/ewe) Wool (kg/head) Average Steer Wt (kg) Milk solids per cow (kg)

199900 113.2 16.6 14.0 5.8 312.9 288.0

200910 121.5 17.6 16.9 5.4 313.3 318.0

Source: Beef + Lamb New Zealand Economic Service Livestock Improvement Corporation Ltd

SHEEP AND BEEF FARM REVENUE SOURCES

Wool Sheep meat Beef Dairy Grazing Deer Crop Other Total p = Provisional.
Source: Beef + Lamb New Zealand Economic Service

199900 17% 42% 25% 1% 2% 8% 5% 100%

200910p 9% 50% 21% 4% 1% 10% 5% 100%

16

ALL CLASSES SHEEP AND BEEF FARM

($ Per Farm)1: 1 2 3 4 5 6 7 8 9 10 11 SUMMARY REVENUE Wool Sheep Cattle Dairy Grazing Deer + Velvet Goat + Fibre Cash Crop Other TOTAL GROSS REVENUE EXPENDITURE 21,556 11,945 66,470 99,971 25,464 10,695 13,509 149,639 31,003 46,249 20,578 123,573 190,400 67,018 18,238 25,266 300,922 54,942 42,400 21,100 122,300 185,800 87,900 19,700 25,300 288,700 61,000 36,110 75,210 38,848 2,630 2,916 9 16,408 8,511 180,642 32,089 166,153 78,307 16,485 4,388 17 41,685 16,740 355,864 32,700 173,900 73,000 15,500 3,300 0 36,600 14,700 349,700 199899 200809 200910p

12 Fert, Lime & Seeds 13 Repairs & Maintenance 14 Other Working Expenses 15 TOTAL WORKING EXPENSES 16 Interest & Rent 17 Other Standing Charges 18 Depreciation 19 20 TOTAL EXPENDITURE FARM PROFIT BEFORE TAX2

p = Provisional.
1

The Weighted Average All Classes Sheep and Beef Farm at 1 July 2009 carried 2,740 sheep, 297 beef cattle and 22 deer totalling 3,960 stock units. Farm Profit Before Tax is required to meet personal drawings, taxation payments, debt repayments and the purchase of capital items.

Source: Beef + Lamb New Zealand Economic Service Sheep and Beef Farm Survey

17

VALUE AND VOLUME OF AGRICULTURAL PRODUCTION AND EXPORTS

YEAR

TOTAL AGRICULTURAL EXPORTS1 ($m FOB)

TOTAL WOOL PASTORAL PRODUCTION1 1 EXPORTS (000 TONNES ($m FOB) CLEAN)

MILK SOLIDS MEAT PROCESSED2 PRODUCTION3,4 (000 TONNES) (000 TONNES BONE-IN)

1999-00 2000-01 2001-02 2002-03 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10
1 2 3 4

12,561 16,543 16,909 14,836 15,600 15,254 16,037 17,411 20,269 22,057 20,730

9,870 13,313 13,512 11,586 12,143 11,865 12,566 13,510 15,925 17,167 16,063

193 178 174 173 165 161 168 162 153 117 133

981 1,096 1,152 1,191 1,254 1,213 1,267 1,316 1,270 1,393 1,439

1,100 1,154 1,098 1,207 1,228 1,195 1,180 1,196 1,230 1,134 1,106

Year Ended June. Year Ended May. Year Ended September. Inspected meat production at export meat works and abattoirs lamb, mutton, beef and veal.
Beef + Lamb New Zealand Economic Service Livestock Improvement Corporation Ltd Ministry of Agriculture and Forestry Statistics New Zealand

Source:

18

VALUE OF NEW ZEALAND EXPORTS

Year Ended June ($ million FOB) PASTORAL PRODUCTS WOOL Raw Wool MEAT Lamb Mutton Beef & Veal Venison Edible Offal Other Meats (poultry,pork) TOTAL MEAT DAIRY Milk & Powders Butter Cheese Casein TOTAL DAIRY OTHER ANIMAL PRODUCTS Hides & Skins Deer Velvet Tallow Animal Oils & Fats Crude Animal Materials TOTAL OTHER LIVESTOCK TOTAL PASTORAL HORTICULTURE & ARABLE Fresh Kiwifruit Fresh Apples Other Fresh Fruit Vegetables 699.4 330.2 129.5 377.9 765.1 343.6 116.2 424.5 870.7 1,071.7 344.9 159.5 422.0 395.7 140.8 415.5 995.7 165.8 408.0 -7.1% 17.8% -1.8% 19 324.6 -18.0% 178.1 21.8 80.9 15.5 248.0 544.3 201.1 213.5 30.5 103.9 13.8 239.5 601.3 178.7 240.5 25.4 155.4 21.2 261.4 703.9 189.1 203.4 27.8 139.3 20.1 350.2 740.8 163.3 162.9 -19.9% 28.2 129.0 22.4 1.2% -7.4% 11.3% 3,582.1 4,163.1 5,788.5 5,665.8 5,758.0 1,032.5 1,062.9 1,526.3 1,693.6 1,745.8 784.0 922.0 882.7 1,055.5 1.6% 3.1% 2,038.3 2,164.9 2,171.7 2,629.7 2,454.5 240.8 219.7 188.8 113.3 274.4 252.2 174.2 120.5 360.9 287.5 175.7 125.6 385.5 293.5 188.2 165.3 348.4 1,785.9 1,709.6 1,657.8 2,005.3 1,822.4 186.3 184.7 -6.7% -9.6% -9.1% -1.1% 11.7% -8.2% 688.8 654.6 613.0 569.7 552.1 -3.1% 2006 2007 2008 2009 2010 %CHANGE

208.6 -28.9%

4,586.6 4,695.8 4,779.3 5,667.5 5,204.9

1,147.1 1,231.9 1,441.8 1,610.6 1,330.7 -17.4% 643.4 -39.0% -5.5% 6,545.7 7,379.8 9,639.3 10,025.5 9,478.0

287.9 -17.8% 630.2 -14.9% 198.2 21.4% -6.4%

12,566.4 13,510.2 15,924.7 17,166.8 16,063.4

VALUE OF NEW ZEALAND EXPORTS (continued)

Seeds, Plants & Plant Material Cereals TOTAL HORTICULTURE ARABLE PROCESSED AGRICULTURE Tops, Yarns & Sliver Carpets & Rugs Other Final Woollen Products Leather & Dressed Skins Meat Meal & Animal Feeds Processed Fruit & Vegetables Wine Cereal Products TOTAL PROCESSED OTHER AGRICULTURAL EXPORTS TOTAL AGRICULTURE FORESTRY Sawn Timber & Logs Other Wood & Wood Products Pulp & Paper Products TOTAL FOREST PRODUCTS FISH TOTAL PRIMARY BASED EXPORTS Aluminium Mineral Fuels Machinery & Equipment Other Exports PASTORAL % OF EXPORTS AGRICULTURE % OF EXPORTS PRIMARY % OF EXPORTS 1,338.8 1,584.6 1,389.0 1,687.3 2,067.4 617.3 613.6 606.2 640.0 943.4 1,161.9 1,186.8 1,179.9 1,187.2 2,899.4 3,360.1 3,182.0 3,507.3 3,819.9 1,137.4 1,136.7 1,113.5 1,287.1 1,218.5 20,074.3 21,908.3 24,564.9 26,851.5 25,768.2 1,257.3 1,560.9 1,455.2 1,097.2 1,060.7 965.2 841.8 2,634.5 2,150.1 2,290.8 2,433.4 2,514.1 2,482.8 2,359.7 2,164.8 6,069.2 6,524.0 7,316.1 8,552.8 7,711.3 40.8% 52.1% 65.2% 40.5% 52.2% 65.7% 41.4% 52.7% 63.9% 41.9% 53.8% 65.5% 41.2% 53.2% 66.1% 22.5% 0.6% 8.9% -5.3% -4.0% -3.3% 6.5% -8.3% -9.8% -4.9% 565.4 -11.7% 138.1 130.1 39.4 283.6 147.2 187.0 510.8 4.8 303.5 133.3 106.4 41.9 286.9 164.5 207.8 698.2 6.6 407.8 146.6 75.6 40.9 269.8 216.8 208.6 796.1 9.8 553.5 111.0 70.0 36.4 264.0 275.5 237.1 11.2 636.7 96.8 -12.8% 74.3 239.8 256.3 10.6 576.3 6.1% -9.2% 8.1% 6.2% -5.3% -1.0% -9.5% -6.0% 27.3 -25.1% 219.7 -20.3% 2006 187.4 2.3 2007 195.2 3.3 2008 216.6 13.4 2009 232.7 3.9 2010 %CHANGE 212.8 -8.5% -6.4%

HORTICULTURE & ARABLE (continued) 9.1 129.7%

1,726.8 1,847.8 2,027.0 2,260.3 2,116.1

988.1 1,049.3

1,440.9 1,645.6 1,764.1 1,993.3 1,974.0 16,037.5 17,411.5 20,269.4 22,057.1 20,729.8

TOTAL NZ MERCHANDISE EXPORTS 30,799.4 33,349.1 38,453.5 41,011.2 38,995.8

20

Source: Statistics New Zealand Beef + Lamb New Zealand Economic Service

LIVESTOCK NUMBERS AT 30 JUNE (million)

Sheep Beef Cattle Dairy Cattle Deer Total Stock Units p = Provisional.
Source: Beef + Lamb New Zealand Economic Service Statistics New Zealand

2000 42.26 4.28 4.79 1.54 92.24

2010p 32.52 3.92 6.00 1.16 88.36

% CHANGE -23% -8% 25% -25% -4%

Total stock units at 30 June 2010 were estimated to be 4% less than in 2000. The reduction is largely due to the decline in sheep numbers. While the stock unit is a broad measure of pasture demand, it could be argued that the stock units in 2010 were better fed and more productive than in 2000. LIVESTOCK NUMBERS BY PRODUCTION REGION AT 30 JUNE 2009 (000)
PRODUCTION REGION North/South Auckland East Coast Taranaki/Manawatu TOTAL NORTH ISLAND Canterbury/Westland Otago Southland TOTAL SOUTH ISLAND TOTAL NEW ZEALAND TOTAL SHEEP 4,310 8,149 3,619 16,078 6,848 4,902 4,556 16,306 32,384 TOTAL BEEF 1,457 955 484 2,896 747 242 215 1,204 4,101 TOTAL DAIRY 2,593 308 895 3,796 1,261 214 589 2,064 5,861 TOTAL DEER 178 112 62 353 403 148 242 793 1,146

Source: Beef + Lamb New Zealand Economic Service Statistics New Zealand

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LIVESTOCK BY PRODUCTION REGION AT 30 JUNE 2009

PRODUCTION REGION North/South Auckland East Coast Taranaki/Manawatu TOTAL NORTH ISLAND Canterbury/Westland Otago Southland TOTAL SOUTH ISLAND TOTAL NEW ZEALAND TOTAL SHEEP 13% 25% 11% 50% 21% 15% 14% 50% 100% TOTAL BEEF 36% 23% 12% 71% 18% 6% 5% 29% 100% TOTAL DAIRY 44% 5% 15% 65% 21% 4% 10% 35% 100% TOTAL DEER 16% 10% 5% 31% 35% 13% 21% 69% 100%

Source: Beef + Lamb New Zealand Economic Service Statistics New Zealand

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MAP OF NEW ZEALAND

Northland
Far North

Whangarei

Auckland
Kaipara Rodney NORTH SHORE WAITAKERE AUCKLAND MANUKAU Papakura Franklin Matamata-Piako HAMILTON Waikato

Thames Coromandel

Hauraki

Bay of Plenty
Tauranga Western Bay of Plenty Kawerau Whakatane

Waipa Otorohanga

Waikato

South Waikato Waitomo Taupo

Rotorua

Opotiki

Gisborne

Wairoa New Plymouth Ruapehu Hastings NAPIER Wanganui Rangitikei Central Hawkes Bay

Taranaki

Stratford South Taranaki

Hawkes Bay

Manawatu-Wanganui
PALMERSTON NORTH Horowhenua Kapiti Coast

Manawatu

Tararua

Masterton PORIRUA UPPER HUTT WELLINGTON LOWER HUTT

South Wairarapa

Carterton

Wellington
NELSON

Tasman Marlborough Butler Kaikoura

Grey

West Coast
Selwyn

Hurunui

Waimakariri CHRISTCHURCH Ashburton Westland Mackenzie Timaru Banks Peninsula

Canterbury

LEGEND:
Regions: Cities: Districts: * Gisborne, Tasman, Marlborough and Nelson City are all unitary authorities. As such they are districts with the power of regional authorities.

Waimate Queenstown Lakes Waitaki Central Otago

Southland
Gore

DUNEDIN

Clutha

Otago

Southland INVERCARGILL

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CONTACTS
BEEF + LAMB NEW ZEALAND BOARD
MIKE PETERSEN JAMES PARSONS KIRSTEN BRYANT ANDY FOX ANNE MUNRO LEON BLACK CRAIG HICKSON KEITH COOPER Chairman and Eastern North Island Director 06 858 7230 or 021 243 7344 tepuna@farmside.co.nz Northern North Island Director 09 409 4056 or 021 206 3208 jparsonsnuffield@gmail.com Western North Island Director 06 342 7755 or 027 275 1690 oneida.hills@xtra.co.nz Northern South Island Director 03 314 3763 or 027 519 9642 foxaj@xtra.co.nz Central South Island Director 03 685 5772 or 027 228 9627 munropa@farmside.co.nz Southern South Island Director 03 224 6106 or 021 855 106 blackd@es.co.nz Processor-Exporter Appointee 06 873 9090 or 027 439 0009 craig@progressivemeats.co.nz Processor-Exporter Appointee 03 477 3980 or 021 442 190 keith.cooper@silverfernfarms.co.nz

BEEF + LAMB NEW ZEALAND ECONOMIC SERVICE

ROB DAVISON 04 471 6034 rob.davison@beeflambnz.com ENRIQUE GONZALEZ-MACUER 04 494 9508 enrique.gonzalez-macuer@beeflambnz.com ARIANA HEMARA-WAHANUI 04 474 0804 ariana.hemara-wahanui@beeflambnz.com ROB GIBSON 04 471 6037 24 rob.gibson@beeflambnz.com LOMA FINCH 04 474 0830 loma.finch@beeflambnz.com