NZ beef export market faces headwinds, AgriHQ says

Mon, 07 Aug 2017

By Tina Morrison Aug. 8 (BusinessDesk) - Headwinds are building for New Zealand exports of beef, the country's largest meat export, according to AgriHQ. The outlook for beef prices is weakening in the US, the largest market for New Zealand beef, after a United States Department of Agriculture report showed cattle numbers at a nine-year high as farmers rebuild their herds following heavy culling in 2014 and 2015, with most of the increase in beef cows rather than dairy cows. Elsewhere, Japan has temporarily lifted the tariff on frozen beef...

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