New Zealand's red meat sector is experiencing a resurgence, driven by strong global demand, particularly from the UK, EU, and US, alongside lower supply and a favorable exchange rate. In April 2025, beef prices reached record highs, with average export values hitting NZD 10.85/kg FOB, while lamb prices were 20% above the five-year average. Despite previous challenges, the outlook for profitability in the red meat sector remains optimistic as interest rates decline and demand continues to strengthen.