The New Zealand beef industry is thriving on the back of a big improvement in international prices. Droughts in the United States and Australia have played havoc with global supply, which has taken prices to record highs. Commodities markets can be volatile and hard to predict, Beef and Lamb New Zealand chief executive, Scott Champion, says. But Champion, talking to the New Zealand Herald as part of the "Meet the CEOs" video series, explains why he thinks high prices may be around for some time to come.
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