Beef and lamb exports hit March record at $1.1b

Wed, 06 May 2020

The total export tally for New Zealand red meat and related products reached $1.1 billion in March, a year-on-year increase of 12 percent, the Meat Industry Association said. The monthly export value of red meat topped $1 billion for the first time despite a 9 percent drop in the value of meat exports to China, reflecting the covid-19 slowdown in that country. The MIA said overall dollar returns had been buoyed by increased value of red meat exports to other major markets, led by a 13 percent increase in the dollar value of sheep meat – o...

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