Red meat giants muscle in on NZ markets

farmersweekly.co.nz

Red meat giants muscle in on NZ markets

Reading Time: 2 minutes Farmgate returns for red meat could take a year to bounce back from the current levels, Meat Industry Association chair Nathan Guy says. Speaking on the Farmers Weekly In Focus podcast, Guy pointed to increased supply from the likes of Brazil and Australia, and China’s economic slowdown, as the main challenges. “There’s a lot of those big producing beef countries that are in there on steroids, particularly Brazil. Their …