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27 Jul 2024 18:33
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  •   Home > News > Business

    The ripple effect of Covid era policy choices are being highlighted as the country's meat industry takes a hit

    The ripple effect of Covid era policy choices are being highlighted as the country's meat industry takes a hit


    Silver Fern Farms is reporting a 24-million dollar plus loss for the 2023 financial year, compared to it's 189-million dollar profit the previous year.

    Meat Industry Association Head of Strategy Jason Krupp says it's very much an industry issue.

    He says we're seeing the effects of policy choices in Covid, play out in our international markets - hitting us on prices.

    Krupp says other impacts include high domestic inflation, and a weak Chinese market.

    © 2024 Newstalk ZB, NZCity

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