Lower Beef Exports From NZ
NEW ZEALAND - New Zealand (NZ) beef exports eased one per cent year-on-year during October, to 15,058 tonnes swt (NZ Meat Board), on the back of a slow start to the processing season, which runs from October to September, reports Meat and Livestock Australia (MLA).
MLA states that the distribution of beef exports was mixed compared with last October, with a six per cent fall in shipments to the US, to 4,215 tonnes swt, affected by high prices for importers, a seven per cent decline to South East Asia, to 2,394 tonnes, and an 18 per cent drop to the Middle East, to 1,524 tonnes, reducing the volumes to the largest markets.
Growth of 19 per cent to Japan, to 1,508 tonnes, and 52 per cent, to 1,381 tonnes, to Greater China reinforced the importance of the north Asian markets to NZ beef, while shipments to Korea were relatively steady, just two per cent lower year-on-year, at 1,006 tonnes.
TheCattleSite News Desk