# Red meat revenue up but volumes down, MIA reports

> New Zealand's Meat Industry Association reported red meat export revenue of NZ$11 billion for the year ended June 30, up 20%, with China taking 37% of the total. Export volumes fell year on year due to processing constraints.

- Date: 2022-09-12 · published 2022-09-12T12:00:00.000Z
- Category: report · region New Zealand · magnitude low
- Page: https://feedsoft.ai/events/39708-red-meat-revenue-up-but-volumes-down-mia-reports
- Commodities: [Meat & Bone Meal](https://feedsoft.ai/c/MBM.md)

## Why it matters

Strong prices offset lower volumes, showing that Chinese demand remains a key support for global red meat values. Feed demand effects are indirect, since the report covers finished meat rather than feed grains.

## Sources

- farmersweekly.co.nz: https://www.farmersweekly.co.nz/markets/red-meat-revenue-up-but-volumes-down-mia-reports/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.