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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.

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Ian Proudfoot

Global Head of Agribusiness, Partner - Audit

KPMG in New Zealand

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[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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