Beef export surge to US
Beef export surge to US
Field Notes, powered by KPMG, is a weekly news update on news nationally and globally from the agri-food sector.
[14 August, Farmers Weekly]
As China’s imports of NZ beef for June and July decreased by 40% year-on-year, shipments to US increased 80% and 90% respectively. AgriHQ senior analyst Mel Croad stated that “When the US prices were high, Chinese importers didn’t compete and it remains to be seen if that market demand comes back to its previous level”.
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