NZ's red meat exports plunge in February

(Image: Getty)

Mon, 03 Apr 2023

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...

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