NEW ZEALAND - With the 2014-15 New Zealand production season into its second month, lamb exports during November reached 18,228 tonnes.
Meat and Livestock Australia analysts said that this was 10 per cent lower than the corresponding month last year, as there were declines registered to most major export destinations.
NZ lamb shipments to the EU in November were back 15 per cent from year-ago levels, at 5,947 tonnes, as volumes to the UK dropped 20 per cent year-on-year, to 3,050 tonnes.
NZ AgriHQ suggests that the tough retail environment in the UK and Europe is having an impact on sales and profitability in the retail sector.
Exports to China followed a similar trend, down 12 per cent compared to the same time last year, totalling 6,148 tonnes, as did the Middle East, with volumes back 17 per cent, to 1,406 tonnes.
Shipments to the US and Canada, on the other hand, increased 27 per cent and 32 per cent on year-ago levels, respectively, reaching 1,591 tonnes and 865 tonnes.
NZ AgriHQ reports that overseas demand in the key markets are expected to remain steady at best over the coming months.
TheMeatSite News Desk