EU beefs up NZ grain-fed quota
The European Union (EU) has beefed up the amount of grain-fed beef which New Zealand meat exporters can import to the EU to 20,000 tonnes.
The quota was previously limited to 1,300 tonnes of grass-fed beef, but following the introduction, the quota will rise to 45,000 tonnes from next year.
Jeanette Maxwell, Federated Farmers Meat and Fibre chairman said that the EU deal will diversify NZ export markets and increase the range of breeds which can be exported while also reducing farmers’ risks.
Currently, the majority of feedlot beef produced in New Zealand is exported to Japan, but the market specifies that it must come from black cattle breeds.