NZ meat is not cheaper overseas says Beef & Lamb NZ

Drive 13/11/2018

Red meat prices could rise over summer as the latest statistics reveal lamb chop prices hit a record high last month.

Statistics New Zealand figures show lamb chop prices were up nearly 8 percent to $17.12 a kilogram in October.

The cost of sausages also rose by 4.9 percent to $10.30 a kilogram, which could be a sign of rising meat prices heading into summer. 

The price increases follow falls in the New Zealand dollar and strong demand for exports of New Zealand meat, especially lamb.

These increases contribute to a 2.5 percent rise in the price of meat and poultry in October, the biggest monthly increase since January 2016. 

However, some meat prices have dropped back. Sirloin and porterhouse steak prices dropped back from their record high in September to $30.72 a kilogram. 

Responding to the prices and the anecdotal evidence that New Zealand meat can be purchased cheaper in the UK than it can here Beef and Lamb NZ CEO Rod Slater joined Ryan Bridge on RadioLIVE Drive.

Listen to the full interview with Rob Slater above.

Drive with Ryan Bridge , 3pm - 6pm Weekdays and streaming live on 'rova' channel 9 - available on Android and iPhone.