Chinese demand for beef drives Australian meat exports

Chinese demand for beef drives Australian meat exports


China topped the charts for Australian beef exports for the first time ever having edged past Japan by 700 tonnes according to figures from Meat & Livestock Australia (MLA).

China accounted for 9.5% of all Australian beef exports in July 2018 but, last month, the figure was 24.5%.

115,000 tonnes of Australian beef were exported during July 2019, making it the nation’s biggest month since July 2015.

MLA said the rise is presentative of strong export demand, a weak Australian dollar and high levels of slaughter across the country.

Global export demand is primarily being generated from China, with June marking a new record for the most beef imported in a month by a single country, at 133,700 tonnes swt (import data for July not yet available).

read the full story – Food & Drink International

Dominic Cuthbert