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This report provides additional information for the New Zealand 2018 Annual Livestock Report.
FAS/Wellington forecasts 2018 beef production to be significantly higher at 670,000 metric tons (MT), which is expected to increase exports to 603,000 MT.
Milk production continues to climb (22.1 million metric tons in 2015, 1.75% up on 2014) in the face of severe price drops both at international trade level and at the farm gate.