Consumers face steeper meat prices as African Swine Fever bites

Consumers face steeper meat prices as African Swine Fever bites
Rebecca Howard
New Zealand consumers are getting squeezed as Chinese buyers scour the world for animal protein, pushing up prices after African Swine Fever decimated Asia's pork industry. China’s pig herd has shrunk by about a third since the first outbreak of the disease was reported in mid-2018. Global meat prices have soared in response with the Wall Street Journal reporting that retail prices for chicken breasts, thighs and legs have increased roughly 16 percent in Brazil. Europeans are on average paying 5 percent more for pork and Australians are payi...

More Primary Sector

Pāmu lifts guidance as milk price, production rises
Primary Sector

Pāmu lifts guidance as milk price, production rises

State-owned farm operator now expects profit of between $25m and $40m.

Riley Kennedy 22 Nov 2024
Waiū Dairy still backed despite write-down
Primary Sector

Waiū Dairy still backed despite write-down

Māori Investments among Kawerau processor's largest shareholders.

Riley Kennedy 22 Nov 2024
Zespri raises profit guidance, fruit forecasts
Primary Sector

Zespri raises profit guidance, fruit forecasts

Growers are voting on expanding the co-op's overseas supply.

Riley Kennedy 21 Nov 2024