New Zealand beef exports to the US are booming right now. Sheep and beef farmers are receiving record prices, largely due to a drought in the US affecting stock numbers, and the cost of farming in the US. This news comes off the back of record log exports to China, now that China has stopped buying from the US.
So, not all bad news then.
https://mia.co.nz/record-month-for-new-zealand-red-meat-exports-for-march/
Beef exports to the US rose by 55 per cent by volume to 23,795 tonnes and the value was up 105 per cent to $285 million.
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