China's appetite for NZ red meat is surging

Thu, 13 Jun 2019

By Jenny Ruth June 13 (BusinessDesk) - China has been New Zealand’s largest market for red meat for some time and growth in that market is surging. Meat Industry Association analysis of Stats NZ figures shows China accounted for 36 percent of total red meat exports in April and sales there that month jumped 62 percent by value from the previous April. That’s down a little from the 70 percent year-on-year growth in the month of March, although growth in the year ended March was a slightly more sedate 47 percent. “It’s becoming a very...

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