Australia

Aussie beef and lamb see disruption in airfreight shipments.

IT & Logistic

Prices for airfreight consignments have jumped dramatically due to the closure of international flights for passengers.

Posted on Mar 24 ,08:18

Aussie beef and lamb see disruption in airfreight shipments.

Australian beef and lamb exports through the air are impacted by the limited flights that are disrupting or arriving in the country due to the coronavirus outbreak. The limited number of international passenger flights has reduced the possibility for meat exports to markets such as China, Singapore or the Middle East countries, according to Beef Central magazine.
At least until the end of May, 90% of the flights serving these destinations have been canceled which let other flight carriers increase their prices.
Voices from the Australian red meat industry are saying that three tonnes consignment to Singapore has jumped in prices from $3,000 to $13,000 or even $14,000. "In general terms, prices for airfreight went from around $1 per kilo to $5 per kilo, in a matter of weeks. It makes airfreight absolutely prohibitive", commented Simon Stahl, representative of Northern Cooperative Meat. In the first two months, Australia shipped through air 5115 tonnes of beef and almost 10,000 of sheepmeat. Airfreight was used during the Chinese lockdown to export beef in Shanghai and other cities in the region.

 NEWSLETTER - Stay informed with the latest news!

Comments





Similar articles

Denmark

Denmark grants increased flexibility for slaughterhouses

Denmark is relaxing requirements for large slaughterhouses that are extending the operating hours...


Read more Read more
USA

Tyson pays large bonuses to its frontline workers

Tyson Foods announced it will pay approximately $60 million in “thank you” bonuses to...


Read more Read more
UK

UK beef industry sees depressed market for high-value product

Quality Meat Scotland (QMS) warns about a possible shortage of low-value beef products on the Bri...


Read more Read more
Websolutions by Angular Software and SpiderClass