Red meat exports booming

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According to the Meat Industry Association, exports of red meat have grown in the past year to $870 million.

More than 25,300 tonnes of sheepmeat and almost 50,000 tonnes of beef were exported with increases in the value of exports to all major North American and Asian markets, including a 1425% increase for beef going into Thailand.

China remained the largest market, with total exports worth $330.2m, a 57 per cent increase on the same period last year. The US was the second highest with $241.2m, a 32 per cent increase, followed by Japan, up 62 per cent at $42.6m.

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