Australia

Australia's beef exports surpass level reported in May 2015

Beef

Australia exported 109,700 tonnes swt of beef in May following a dry-induced increase in supply across the country, surpassing thus the level reported in May 2015 during the middle of the drought induced liquidation, according to Meat and Livestock Australia (MLA).

Posted on Jun 07 ,06:23

Exports in May were up 21,500 tonnes swt or 24% on April’s figures and 13,900 tonnes swt or 15% higher than May last year.

Eastern states cattle slaughter highlights the increases in turn-off being seen across the nation with cattle slaughter in May totalling just over 580,000 head, an increase of 10% year-on-year. This brought the year-to-date total to 2,690,000 head, up 8% on 2017 levels.

Most key export destinations experienced some level of growth this month, bringing the year-to-date total to 435,600 tonnes swt, an increase of 15% on 2017 levels. This year-to-May total is Australia’s third largest start to the year, behind both 2014 and 2015, but above the last two years and well above any total before 2013.

Australia’s beef exports to Japan totalled 125,700 tonnes swt for the year-to-May, an increase of 12% year-on-year. This was followed by the US, totalling 91,700 tonnes swt for the year-to-date, which lifted 4% on year-ago levels. Volumes to Korea rose 15% from year-ago levels, to 61,700 tonnes swt. China, increased by 40% year-on-year for the first five months of 2018, to 59,400 tonnes swt.

Comments

Similar articles