Lies, damned lies and statistics or historical facts about sheepmeat

A brief comparison of sheepmeat and milk solids prices since 1991 throws up some interesting facts. These give the lie to the belief that the dairy industry is consistently more profitable than the sheep sector.

Alliance posts $50.8 million loss for last season

Alliance posted its annual result on Friday which was every bit as bad as predicted, a net after tax loss of $50.8 million for the 12 months ended September. The result included restructuring costs of $13.5 million associated with the closure of the company’s Mataura sheep and lamb processing operations which followed similar costs of $19.4 million the previous year from the closure of its Sockburn plant.