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Hustle ... Self-determination to go out there and work it out until you made it.

SPECIAL ALERT - Livestock Herd Scheme 2022 on the UP

Just released are the Herd Values at 30 April. A snapshot is taken throughout New Zealand and across various markets to determine the values to be used for tax purposes each year.


When you are in the herd schemes, increases in values are not taxable and decreases are not deductible.

 



Sheep : With good stable returns being achieved across all classes this year, the values have increased across the board.

Sheep

2020

2021

2022

Ewe Hoggets

$108

$123

$143

2th Ewes

$177

$191

$224

MA Ewes

$156

$174

$202

5yr Old Ewes

$128

$153

$176





Beef Cattle : Cattle values have increased across the board, with the biggest lift being in MA Cows.

Beef

2020

2021

2022

MA Cows

$1,090

$1,138

$1,328

R2 Bulls / Steers

$678

$716

$808

R1 Bulls / Steers

$1,035

$1,088

$1,242




Dairy : Upward movement across all classes, in particular for the yearling heifers with a bounce back from last years dip from 2020.

Dairy

2020

2021

2022

MA Cows

$1,525

$1,528

$1,697

R2 Heifer

$1,222

$1,291

$1,472

R1 Heifer

$737

$707

$809




Red Deer : An increase across all classes, but a slower recovery in values.

Red Deer

2020

2021

2022

R1 Hinds

$236

$174

$189

R1 Stags

$283

$212

$242

 

This is an overview of the changes. As always we are available to talk in more detail about how this impacts your farming figures.

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