NZ lamb exports to UK drop to record low in August

Sun, 17 Sep 2017

By Tina Morrison Sept. 18 (BusinessDesk) - New Zealand lamb exporters are eschewing the weak UK market in favour of other more lucrative trading destinations, pushing the volume of meat sent to what was once the nation's biggest export market to a record low last month, AgriHQ says. "The UK lamb market is slowly becoming less pivotal to NZ exporters," AgriHQ analyst Reece Brick said in his monthly Sheep & Beef report. "A steady decline in lamb consumption combined with a loss of economic confidence following Brexit has resulted in a chall...

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