Home Business & Finance NZ’s Meat Shipments to US Surge, Lifting Total Exports...
Business & Finance

NZ’s Meat Shipments to US Surge, Lifting Total Exports to Monthly Record

NZ’s Meat Shipments to US Surge, Lifting Total Exports to Monthly Record
Key Points

NZ’s Meat Shipments to US Surge, Lifting Total Exports to Monthly Record New Zealand exports surged to a second straight monthly record in May, driven by meat shipments to the US and milk consignments, as farmers continue to benefit from strong demand and high commodity prices. Exports rose to NZ$8.88 billion ($5.1 billion) from a previous record of NZ$8.27 billion in April, Statistics New Zealand said Friday in Wellington. Exports in the 12 months through May grew to a fresh high of NZ$82.7...

NZ’s Meat Shipments to US Surge, Lifting Total Exports to Monthly Record New Zealand exports surged to a second straight monthly record in May, driven by meat shipments to the US and milk consignments, as farmers continue to benefit from strong demand and high commodity prices. Exports rose to NZ$8.88 billion ($5.1 billion) from a previous record of NZ$8.27 billion in April, Statistics New Zealand said Friday in Wellington. Exports in the 12 months through May grew to a fresh high of NZ$82.7 billion. [Image text:] tex 65t Z CRDNOS CVACS
NZ (LOCATION) Meat Shipments (PERSON) US (LOCATION) New Zealand (LOCATION) Statistics New Zealand (ORG) Wellington (LOCATION)
Originally published by Bloomberg Markets Read original →