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Deer farmers confident about velvet future in China

Deer farming was one of those money-making ventures that brought many an Australian farmer unstuck, but those that persevered are now reaping all the rewards it promised decades ago.

Demand for velvet in China is so strong, delegates are flying into regional Australia to try and secure a deal at the farm gate and end of season prices are set at more than $160 per kilogram.

By Danielle Grindlay, ABC Rural

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Venison prices down, deer velvet up [NZ]

The New Zealand Deer Industry says a downturn in venison prices is being countered by strong growth in the use of deer velvet in health food products in Asia.

Deer Industry New Zealand is celebrating its 40th year in business at its annual conference in Napier; industry leaders said deer farming in New Zealand had come a long way in that time.

By Peter Fowler, Radio New Zealand News

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Brilliant velvet, weak venison prices [NZ]

Brilliant velvet, weak venison prices.

It has been a tough start to the year for many non-velvet deer farmers, with dry conditions and a disappointing venison schedule combining to put pressure on pastures, budgets and patience.
Deer Industry New Zealand (DINZ) chair and Mid Canterbury farm advisor Andy Macfarlane urged deer farmers to remain proactive in managing both the feed situation and their budgets.

Deer Industry NZ Press Release, scoop.co.nz

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