NZ's red meat exports plunge in February

NZ's red meat exports plunge in February
(Image: Getty)
Staff reporters
New Zealand’s red meat exports plunged in February as economic conditions in some of its trading partners worsened.NZ exported about $885m worth of red meat products during the month, a decline of 18% compared with the same time last year.Exports to NZ’s top-10 markets decreased, including a significant drop in sheep meat to the United Kingdom.Data from the UK’s Agriculture and Horticulture Development Board (AHDB) found that retail spending on lamb fell by 7.4% by value and 16% by volume in February compared with a year earli...

More Finance

Port of Auckland to pay $45m special dividend to council
Finance

Port of Auckland to pay $45m special dividend to council

The divestment proceeds will be used to top up the Auckland Future Fund.

Oliver Lewis 27 Jun 2025
$600m in tourist spend at risk from regulation: Mastercard
Finance

$600m in tourist spend at risk from regulation: Mastercard

When Europe cut interchange fees, foreign card decline rates soared.

Pattrick Smellie 27 Jun 2025
Michael Lorimer exits Grant Samuel amid more sector change
Finance

Michael Lorimer exits Grant Samuel amid more sector change

Lorimer has sold his 80% stake in the corporate advisory firm.

Duncan Bridgeman 26 Jun 2025