NZ on track to fill US beef export quota for first time in 11 years

NZ on track to fill US beef export quota for first time in 11 years
By Tina Morrison Aug. 26 (BusinessDesk) - New Zealand may fill its annual beef export quota to the US for the first time in 11 years as farmers cull more stock to cash in on record beef prices amid a shortage in America. Beef exports to the US rose 7.6 percent to 14,724 tonnes in July, from the year earlier month, according to data released by Statistics New Zealand today. That takes US beef export volume for the first seven months of this year to 164,493 tonnes, compared with 141,973 tonnes at the same time last year, and suggests New Ze...