skinny.

Latest / Best of Business

Jamie Mackay: The Country host on sheep and beef farm profits potentially plummeting this financial year

Beef + Lamb New Zealand’s mid-season update offers a grim warning for sheep and beef farmers.

The report claims farm profits could drop 54 percent to $62,600 on average this financial year, off the back of significant losses.

The Country's Jamie Mackay explains further.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

The skinny

The skinny isn't ready yet — notes appear once the transcript is processed.