Total shipments to North America were however down 2.9 per cent on the previous year at 221,500 tonnes. Within North America the US accounted for 52 per cent of beef exports and Canada 7 per cent and Mexico 1 per cent.

While the US took 52 per cent of shipments it accounted for 47 per cent of beef export receipts as the US demand is dominated by shipments of processing beef.

Shipments of beef to North Asia were mainly to Japan (10%), Korea (11%) and Taiwan (6%). These countries combined accounted for 32 per cent of beef export receipts reflecting a high value component of the product shipped.

The NZ FOB price per tonne for North Asia was up 8.2 per cent on the previous season. However, total shipments to North Asia at 105,000 tonnes were down 9.1 per cent on the previous year and more than offset the price increase.

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