Saturday, 26 September 2015 16:00

Beef exports top $3 billion

Written by 

Beef exports are up 46%($61 million) in August 2015 compared with August 2014, says Statistics New Zealand.

"With one month to go in the 2014/15 beef export season, beef exports are at a new high of $3 billion," says international statistics senior manager, Jason Attewell.

"So far this season, 404,000 tonnes of beef have been exported, and if we export at least 18,000 tonnes next month we'll surpass the peak 2003/04 season for quantity exported."

The US remains our top beef export destination this season, for both value and quantity.

Beef export values to the US have hit a record high of $1.6 billion (up 64%) for the season to date, with quantities up 21% compared with this time last year.

Beef export values to China continued to increase, up 88% for the season to date, to $394 million, with quantities up 52% compared with this time last year. "International shortages, rising production, and a falling New Zealand dollar have contributed to this record beef season." says Attewell.

More like this

Birth woes

OPINION: What does the birth rate in China have to do with stock trading? Just ask a2 Milk Company.

Featured

National

Machinery & Products

Chinese Tractors Eye Western Europe

Having caused quite a stir at last year’s Agritechnica, Chinese manufacturer Zoomlion is reported to be conducting large-scale field trials…

Franz Grimme Turns 80

Franz Grimme recently celebrated his 80th birthday earlier March and continues to be an entrepreneur with passion and pioneering spirit,…

» Latest Print Issues Online

The Hound

What A Choice!

OPINION: If you ask this old mutt, the choice at the next election isn't shaping up as a contest of…

Your Call!

OPINION: A mate of yours says we're long overdue for a reckoning on what value farmers really get for the…

» Connect with Rural News

» eNewsletter

Subscribe to our weekly newsletter