New Zealand falls out of love with sheep farming as lucrative pine forests spread

Sheep numbers in sharp decline as farmers increasingly shift to forestry, fuelled by demand to earn carbon creditsAcross one of the ridgelines of High Peak station, a line of sheep is on the move: gradual at first, and then in a heaving rush, an avalanche of dirty white wool heading into the valley. They flow around Hamish Guild like an eddy.He looks across the valley, to where a slope of grassland splits in half, a velvety black expanse of pine forest sweeping over the hill. Continue reading...