New Zealand's red meat industry is booming, yet there are fears export growth may slow following a busy month.

Export values have risen, with beef up 25 percent from the previous year, and sheepmeat up 15 percent.

However, external factors are slowing growth as inflationary challenges present themselves - a drop in value of the Japanese Yen has meant beef exports are down 23 percent.

Meat Industry Association Chief Executive Sirma Karapeeva told Mike Hosking the industry remains positive.

She says New Zealand's in a sweet spot, due to strong demand and limited supply.

LISTEN ABOVE

New Zealand's red meat industry is booming, yet there are fears export growth may slow following a busy month.
Export values have risen, with beef up 25 percent from the previous year, and sheepmeat up 15 percent.
However, external factors are slowing growth as inflationary challenges present themselves - a drop in value of the Japanese Yen has meant beef exports are down 23 percent.
Meat Industry Association Chief Executive Sirma Karapeeva told Mike Hosking the industry remains positive.
She says New Zealand's in a sweet spot, due to strong demand and limited supply.
LISTEN ABOVE

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. 

Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers. Whether you’re a small business owner or interested in what’s going on in the Big End of Town, this podcast encompasses the sharpest voices and minds in the world of business.

Best of Business is the home of all things business at Newstalk ZB, from morning market updates right through to incisive interviews with New Zealand’s top business leaders and decision makers.