Red meat ex­ports surg­ing

Gatton Star - - INTO RURAL -

AUS­TRALIAN red meat ex­ports con­tinue to surge ahead as high slaugh­ter is off­set by in­creased global de­mand.

Lamb ex­ports last month reached the sec­ond high­est monthly vol­ume on record with 27,500 tonnes shipped – up 22 per cent year on year – and mut­ton ex­ports for the month reached 14,700 tonnes, 27 per cent higher than the same month last year.

And while beef ex­ports didn’t reach the highs of March, 98,648 tonnes was ex­ported last month, up 12 per cent on the year prior.

Beef ex­ports for the year to the end of April were sit­ting at 363,566 – an in­crease of more than 11 per cent on the same time last year.

Rabobank se­nior an­i­mal pro­teins an­a­lyst An­gus Gi­d­ley-baird said high slaugh­ter and production was push­ing more vol­ume into the ex­port mar­ket.

Meat and Live­stock Aus­tralia global mar­ket an­a­lyst Adam Cheetham said there was in­creased de­mand for pro­tein from China, and Aus­tralia had been able to sup­ply more due to higher slaugh­ter rates.

Mr Cheetham said ship­ments of lamb to the US and China in­creased 23 per cent and 58 per cent year on year re­spec­tively, up to 5400 tonnes and 6700 tonnes.

“This was mostly as a re­sult of in­creased Aus­tralian sup­ply, par­tic­u­larly of old-sea­son heavy lambs, as dry con­di­tions across key lamb pro­duc­ing ar­eas in­cen­tivised turn-off,” Mr Cheetham said.

In the beef mar­ket, it was again the US and China driv­ing de­mand.

— Ni­cola Bell

Newspapers in English

Newspapers from Australia

© PressReader. All rights reserved.