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 Dynamics of Supply and Demand for New Zealand Venison and Velvet

Table of Contents

• INTRODUCTION
• OBJECTIVES
• THE INTERNATIONAL DEER SCENE
• Range of Products
• World Supply
• Deer Farming
  • World Demand
  • Economic Factors Affecting Demand
  • Consumer Expenditure and Meat Consumption
  • Venison Demand
  • Velvet Demand
  • World Price
  • Venison Price
  • Velvet Price

• NZ DEER INDUSTRY
• Feral Deer
• Factors Contributing to the Development of Farmed Deer
• Other Factors Contributing to Industry Growth
• Industry Structure
• Supply of Major Deer Farming Outputs (1981-1993)
• Range of Outputs
• Industry Growth and Current Status
• Factors Driving Growth
• Current Status
• Level of Supply Response
• Growth in Hind Numbers
• Stag Herd Growth
• Demand for New Zealand Deer Products

• NEW ZEALAND DEER MODEL CONCEPTUAL FRAMEWORK
• Model Variables and Data
• Estimation of Demand and Price Relationships
• Venison Returns and Export Demand
• Velvet Returns in Export Markets
• Specification of Venison and Velvet Return Equations
• Specification of Price Linkage Relationships
• Dynamics of Venison Supply and Demand

• Deer Model Estimation and Simulation
• Supply Equations
• Venison Export Returns Equations
• Venison Export Demand Equations
• Venison Price Linkage Equation

• Deer Model Validation
• Venison Export Returns
• Venison Export Demand
• Supply Relationships
• Venison Price Linkage

• SUMMARY AND CONCLUSIONS

• REFERENCES

• APPENDIX A: ESTIMATE OF WORLD FARMED DEER NUMBERS

• APPENDIX B: OECD MEAT CONSUMPTION -1991 (KG/HEAD)

• APPENDIX C: GROSS MARGINS/(PER STOCK UNIT)

• APPENDIX D: DEER MODEL VARIABLES AND ESTIMATED RELATIONSHIPS

Contact for Enquiries

Rural Affairs Coordinator
Sector Performance Policy
MAF Policy
Ministry of Agriculture and Forestry
PO Box 2526
Wellington
NEW ZEALAND

Phone: +64 4 894 0675
Fax: +64 4 4 894 0745
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