Red meat values up, volumes down – MIA

15th March 2022 By Staff Reporter | news@foodticker.co.nz | @foodtickernz

New Zealand red meat values remained strong in January despite pressure on export volumes.

Data from the Meat Industry Association said values reached $940m in January, a rise of 27% on January 2021.

There was an overall drop in red meat volumes in January because of supply chain and Omicron absenteeism pressures.

A total of 3,061 tonnes was exported, 41% lower than January 2021, with a drop in exports to Britain and the major European markets.