Meat prices up as international demand reaches new highs

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The higher demand for meat was largely due to the African swine fever outbreak in China.

Export lamb and beef prices have reached new highs, while New Zealanders are also paying more for their meat, according to new Stats NZ figures.

Stats NZ business price manager Bryan Downes said both meat and dairy product export prices were up in the September quarter, following similar rises in the June quarter.

“In contrast, forestry product export prices, mainly logs, had the largest quarterly fall in over 10 years,” he said.
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