New Zealand red meat prices are at record levels and are expected to remain strong throughout the year.  

Earnings for core red meat exports are expected to rise by $1.4 billion to $10.5 billion for the 2024–2025 season.  

Beef + Lamb New Zealand Board Chair Kate Acland says there's incredible global demand for red meat.  

She told Mike Hosking that while they're seeing lower export volumes in the current year, the value is rising. 

Acland says there's been fewer exports from key countries like Brazil, Australia, and the US, so it’s a perfect storm of supply and demand coming together.  

LISTEN ABOVE