The average price of a kilogram of beef mince was now $4.60 more than the same time in 2025. Sirloin steak was up 21.5 percent annually and even beef mince was up 23.2 percent, to an average $24.46 a kilogram. Stats NZ's price and deflators spokesperson Nicola Growden said the average price of a kilogram of beef mince was now $4.60 more than the same time in 2025. "This is the largest annual price increase in beef mince prices since the series began in June 2006." Westpac senior economist Satish Ranchhod said export beef prices were up, which was being reflected in local prices.

Source: Otago Daily Times March 17, 2026 11:21 UTC