{"id":157051,"date":"2025-11-27T22:58:08","date_gmt":"2025-11-27T22:58:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/157051\/"},"modified":"2025-11-27T22:58:08","modified_gmt":"2025-11-27T22:58:08","slug":"red-meat-buying-habits-may-change-as-price-of-beef-mince-soars-by-18","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/157051\/","title":{"rendered":"Red meat: Buying habits may change as price of beef mince soars by 18%"},"content":{"rendered":"

She said the price spike came down to global demand for red meat.<\/p>\n

\u201cNew Zealand exports most of our beef, 80-odd per cent, and our biggest market, actually, the most volume is going over to the United States, where their cattle herd is at sort of multi-decade lows.<\/p>\n

\u201cAs they look to rebuild their herd, they\u2019re short of this lean trim product, which is essentially the same as our beef mince in the supermarket, and so our local retailers are having to pay more to get hold of that product because they\u2019re competing against global buyers, and that\u2019s really pushing those mince prices up.<\/p>\n

\u201cWhat\u2019s happening with that US beef market at the moment is directly impacting what we\u2019re paying for mince here.\u201d<\/p>\n

She said prices could stay high for several years while the US herd recovered, and that could change Kiwis\u2019 buying habits.<\/p>\n

She expected shoppers to turn to cheaper proteins, such as pork and poultry, or buy less mince and bulk it out with vegetables to make it go further.<\/p>\n

High beef prices are also hitting the bottom line of McDonald\u2019s New Zealand<\/a>, a chain usually known for value.<\/p>\n

Last year, McDonald\u2019s used 6000 tonnes of locally sourced beef for sale domestically, and exported nearly 30,000 tonnes, making up about 10% of New Zealand\u2019s total beef exports.<\/p>\n

Simon Kenny, McDonald\u2019s NZ\u2019s head of impact and communications, said the chain served 70 million people a day globally, using 2% of the world\u2019s beef.<\/p>\n

Price swings locally could have a material impact on the operating costs of its restaurants.<\/p>\n

\u201cLike everyone\u2019s seen in the supermarkets, beef\u2019s been one of the biggest ones,\u201d he said.<\/p>\n

– RNZ<\/p>\n","protected":false},"excerpt":{"rendered":"She said the price spike came down to global demand for red meat. \u201cNew Zealand exports most of…\n","protected":false},"author":2,"featured_media":157052,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[20391,806,5589,138,5098,3595,12974,12340,7810,3822,85845,111,139,69,17186,1118,3333,15406,44697,17185],"class_list":["post-157051","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-20391","tag-as","tag-beef","tag-business","tag-buying","tag-by","tag-change","tag-habits","tag-may","tag-meat","tag-mince","tag-new-zealand","tag-newzealand","tag-nz","tag-ockhuysen","tag-of","tag-price","tag-red","tag-soars","tag-stephanie"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/157051","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=157051"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/157051\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/157052"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=157051"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=157051"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=157051"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}