NZ Dairy Exports Rise as Meat Falls

NEW ZEALAND - Milk powder, butter, and cheese exports rose 25 per cent in January 2012, compared with January 2011, Statistics New Zealand said this week. In contrast, meat exports fell 13 per cent.
calendar icon 28 February 2012
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“The trend for dairy exports has increased strongly since August 2011,” industry and labour statistics manager Neil Kelly said. “However, the trend for meat exports has been falling since July 2011.”

Milk powder, butter, and cheese, New Zealand’s largest export commodity, increased $261 million (25 per cent) in January 2012. The increase was led by unsweetened whole milk powder, up $134 million (28 per cent). Unsalted butter was up $45 million (45 per cent).

Exports to China record the largest increase, up $173 million (38 percent), led by milk powder, butter, and cheese (whole and skim milk powder).

Russia recorded the largest fall, down $20 million (50 percent) due to a decrease in unsalted butter exports.

Meat and edible offal (New Zealand’s second-largest export commodity) fell $59 million (13 per cent). Frozen sheep and beef cuts led the decrease.

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