Latest / Early Edition with Ryan Bridge / Nick Beeby: Meat Industry Association CEO on the record red meat exports for June

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Nick Beeby: Meat Industry Association CEO on the record red meat exports for June · Early Edition with Ryan Bridge

• 0:00
  Speaker 1: Big month for red meat June one point three to
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  Speaker 1: seven billion worth of red meat exports. That's up fifty
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  Speaker 1: percent on June last year, biggest June on record, but
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  Speaker 1: the annuals up to Nick beebe Meat Industry Association CEO
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  Speaker 1: with me this morning.
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  Speaker 2: Getay Nick today? Right? How are you? Yeah? Good?
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  Speaker 1: Thanks mate. So price is high but also volumes up.
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  Speaker 2: Yeah. Look, it's another really good result of the red
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  Speaker 2: meat sector, something we're incredibly proud of.
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  Speaker 1: And what about supply going forward because I've been looking
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  Speaker 1: the Europe, the UK, in particular, the US, Australia, the
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  Speaker 1: cattle numbers are coming down. That's a good thing for us.
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  Speaker 2: Yeah, Globally we're looking at a period of pretty tight
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  Speaker 2: supply from many of our competing countries. But it's something
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  Speaker 2: we have to keep our finger on the pulse on
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  Speaker 2: all the time because even though the trend might be
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  Speaker 2: for slightly constrained supplies, we will see some volatility the
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  Speaker 2: global climate.
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  Speaker 1: Is that What about the value, you know, cost of
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  Speaker 1: living pressures in the markets we're selling to buyers consumers
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  Speaker 1: going for lower value protein.
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  Speaker 2: That's another thing that we're watching really closely. Ryan. Absolutely,
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  Speaker 2: the prices have been really strong, but we know that
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  Speaker 2: the cost of living pressures is something that impacts all
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  Speaker 2: our consumers and customers around the world. But it's not
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  Speaker 2: just cost of living pressures. There's a number of other
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  Speaker 2: you'd say issues that we face and that exports face every.
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  Speaker 1: Day, like what tariffs.
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  Speaker 2: Could be tariffs, geopolitical uncertainty, wars, logistics, disruptions. There's a
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  Speaker 2: number of things that the media exploring companies have to
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  Speaker 2: deal with on a daily basis.
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  Speaker 1: How hard is it? You know the government wants to
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  Speaker 1: increase export or I think double it over the next
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  Speaker 1: few years.
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  Speaker 2: Is it easy.
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  Speaker 1: To send more to countries we're already exporting too because
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  Speaker 1: we have relationships, or try and crack new ones. I
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  Speaker 1: suppose you're going to do a bit of both at
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  Speaker 1: the same time, walking true gum.
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  Speaker 2: Yeah, you've got to do a bit of both. Definitely
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  Speaker 2: easier to increase exports into countries that you hear those
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  Speaker 2: relationships with. But New Zealand for a long number of
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  Speaker 2: years has had a very diversified trade step strategy and
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  Speaker 2: that's something that we need to maintain because that diversity
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  Speaker 2: provides companies great options when some markets get titled or
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  Speaker 2: demand ways.
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  Speaker 1: Nick Good to have you on the show, Nick Baby,
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  Speaker 1: Meat Industry Association CEO. For more from Early Edition with
• 2:43
  Speaker 1: Ryan Bridge, Listen live to news talks it be from
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  Speaker 1: five am weekdays, or follow the podcast on iHeartRadio