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ANALYSIS: New Zealand’s Jan 2025 Beef Exports Up 6.3% Y-o-Y on Solid US Demand
New Zealand’s January 2025 beef exports dropped 20.3% month-on-month (m-o-m) to 40,002 metric tons (mt), as shown in the latest Stats NZ data.
Falling by 10,161 mt, volumes were curtailed primarily due to the shorter working month as the country observed the Christmas and New Year festivities. Outbound shipments declined across all key markets. Annually, exports grew 6.3% (+2,369 mt), fueled by healthy demand from the US and Canada. However, shipme
ANALYSIS: Peak Season Lifts New Zealand’s Nov 2024 Beef Exports 39.4% M-o-M to 38,576 mt
New Zealand’s November 2024 beef exports rebounded a whopping 39.4% month-on-month (m-o-m) to 38,576 metric tonnes (mt), according to the latest Stats NZ data.
Increasing by 10,907 mt from October 2024’s five-month decline, the key driver was increased production as New Zealand exits from its off season. In line with seasonal output trends, the higher tonnage saw high volumes shipped to all key destinations such as the United States (US), China, Japan and Korea...
ANALYSIS: China Set to Trigger Safeguard Mechanism on Australian Beef Imports for the 5th Time
Australian beef imports into China may soon face a 12.0% Most-Favoured Nation (MFN) tariff rate, as the Special Agricultural Safeguard (SSG) mechanism is set to trigger for the fifth time.
Following previous activations in 2018, 2019, 2020, and 2023, this tariff applies for the remainer of the year if imports from Australia exceed 178,418 mt in 2024.
Based on the data from the General Administration of Customs of the People's Republic of China, imports from Australia at the end of July...
Farmlands Co-operative to Proceed with Acquisition of Cattle Feed Producer Seales Winslow
The New Zealand Commerce Commission (NZCC) has given the green light to Farmlands Co-operative's October 2023 proposed acquisition of Seales Winslow, the animal nutrition division of Ballance Agri-Nutrients which specialises in cattle feed production.
Farmlands is a farming co-operative with over 80,000 shareholders. Its NRM animal nutrition products division supplies its customers in New Zealand's South Island with pelletised compound feed that it manufactures itself. In the North Island, Farmlands uses toll manufacturers. Meanwhile, Seales Winslow operates...
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