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Australian Red Meat Exports Exceed 2013 Levels in August

24 September 2014

AUSTRALIA – This year’s red meat exports to the US have already outstripped last year’s shipments, according to data up to September.

Tight supplies are increasing demand on suppliers, with beef shipments driving the surge, report market analysts at Meat and Livestock Australia.

Beef exports for the first eight months were seven per cent higher than the whole of 2013.

Shipments from Australia include 228,044 tonnes shipped weight of beef and 29,361 tonnes of goat, mutton and offal.

Summarising supply and demand outlooks for the US Department of Agriculture, MLA analysts said: “US beef supplies are forecast to remain tight for the duration of 2015.

“Taking this into consideration, Australian red meat exports to the US are likely to remain high for the remainder of the year and again into next year, with the only constraint likely to be tighter supplies in Australia, especially for beef.

“Similarly, and reflective of the tight North American red meat supply and demand relationship, Australian red meat exports to Canada for the first eight months have also exceeded last year’s total.

“Beef has accounted for the greatest volume, at 21,773 tonnes swt, followed by lamb, at 4,254 tonnes swt.”

 

TheSheepSite News Desk

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