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Eight New Zealand meat processing companies and several individuals pleaded guilty to some charges over exporting tainted tallow and meat and bone meal to Singapore, China and Hong Kong. Most charges were withdrawn, and the guilty pleas were entered on November 14 in Papakura District Court.
The case followed charges laid by the Ministry for Primary Industries in March 2023.
The case highlights stricter export certification and food-safety scrutiny for rendered products, which could tighten supply of certified MBM from New Zealand but has a limited direct price effect.
rnz.co.nzTe Reo Irirangi o AotearoaDec 3, 2024Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
