BULLETIN Greenlea’s export markets are continuously evolving. The Chinese market is still in growth mode for New Zealand beef despite a significant fall in purchases from Australia. For Greenlea, China now represents 15% of our business, up from 10% last year. Greenlea sales staff visit each of our markets twice per year, and a visit is scheduled for September. The focus will be on setting up a programme for added-value products for direct-to-retail. These products will be produced in our further processing facility, currently under expansion, along with our existing domestic retail packs. The new value-add facility is scheduled for completion in October.
market and also in neighbouring Malaysia. Having these large volume alternative markets helps in creating competition for our products while reducing our reliance on the United States commodity market.
TAHITI 1% INDONESIA 8%
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MALAYSIA 4% NZ 6%
KOREA 5% CANADA 6%
Indonesia has now become a relatively open market again and has jumped to be our third largest market, up from eighth ranked last year. Greenlea has a very strong market share in this
Rabobank, one of the partners of the Red Meat Profit Partnership (RMPP), held a series of farmer events across the country recently. Julie McDade, Greg Clark and Kelvin Colthurst attended the Whangarei evening on 26 July. Greg addressed the 70 farmers present to explain why Greenlea is participating in the RMPP. Matt Costello, a Rabobank protein analyst based in Sydney, provided an update on the future of the beef market.
ISSUE 13 : Spring 2016 ISSUE 12 : Winter 2016
OTHER 5%
MIDDLE EAST 1%
CHINA 15%
USA 41%
EUROPE 2% JAPAN 1% TAIWAN 4% HONG KONG 1%
s Greg Clark addresse
the crowd.
Julie and Kelvin with Greenlea RMPP pilot farmers Chris and Kim Leigh-McKenzie.