The latest data on Irish food exports for the first six months of the year (see page 26) shows a very strong performance, despite all the challenges faced.
The drop in sheepmeat exports to our nearest neighbour, however, was striking. Industry people I have talked to all also mention increased imports from the southern hemisphere as a factor. New Zealand lamb has long been accepted on British shelves, and recent trade deals mean there will be more of it available in coming years.
Looking at it through this lens, Dawn Meats’ proposed investment in a New Zealand processor is the Irish company jumping on a trend which is already in place.
ADVERTISEMENT
It’s unlikely that the trend would change whether Dawn is directly involved in the process or not.
The one thing that might change the appetite for southern hemisphere sheepmeat in the UK is price. We can see that the deadweight price differential between Irish and Australian sheepmeat has closed from €5/kg in early March to around €1.10/kg now. That narrowing significantly reduces the appeal of shipping product halfway around the world.
Register for free to read this story and our free stories.
This content is available to digital subscribers and loyalty code users only. Sign in to your account, use the code or subscribe to get unlimited access.
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
CODE ACCEPTED
You have full access to the site until next Wednesday at 9pm.
CODE NOT VALID
Please try again or contact support.
The latest data on Irish food exports for the first six months of the year (see page 26) shows a very strong performance, despite all the challenges faced.
The drop in sheepmeat exports to our nearest neighbour, however, was striking. Industry people I have talked to all also mention increased imports from the southern hemisphere as a factor. New Zealand lamb has long been accepted on British shelves, and recent trade deals mean there will be more of it available in coming years.
Looking at it through this lens, Dawn Meats’ proposed investment in a New Zealand processor is the Irish company jumping on a trend which is already in place.
It’s unlikely that the trend would change whether Dawn is directly involved in the process or not.
The one thing that might change the appetite for southern hemisphere sheepmeat in the UK is price. We can see that the deadweight price differential between Irish and Australian sheepmeat has closed from €5/kg in early March to around €1.10/kg now. That narrowing significantly reduces the appeal of shipping product halfway around the world.
If you would like to speak to a member of our team, please call us on 01-4199525.
Link sent to your email address
We have sent an email to your address. Please click on the link in this email to reset your password. If you can't find it in your inbox, please check your spam folder. If you can't find the email, please call us on 01-4199525.
ENTER YOUR LOYALTY CODE:
The reader loyalty code gives you full access to the site from when you enter it until the following Wednesday at 9pm. Find your unique code on the back page of Irish Country Living every week.
SHARING OPTIONS