Beef ex­ports are run­ning high

Warwick Daily News - South West Queensland Rural Weekly - - Tractor Buying Guide 2018 -

AUS­TRALIAN beef ex­ports surged to record highs in May fol­low­ing a dry-in­duced in­crease in sup­ply across the coun­try, based on Meat and Live­stock Aus­tralia data.

In fact, at 109,700 tonnes swt, the month was Aus­tralia’s sec­ond largest May on record, only sur­passed by May 2015 dur­ing the mid­dle of the drought-in­duced herd liq­ui­da­tion. Ex­ports were up

24 per cent on April’s fig­ures and 15 per cent 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 per cent year-on-year.

This brought the year-to­date to­tal to 2,690,000 head, up 8 per cent on 2017.

Most key ex­port des­ti­na­tions ex­pe­ri­enced some level of growth, bring­ing the year-to-date to­tal to 435,600 tonnes swt.

This year-to-May to­tal is Aus­tralia’s his­toric third largest start to the year, be­hind both 2014 and 2015.

PHOTO: CON­TRIB­UTED

EX­PORTS UP: 2018 May sales are at a three-year high, ac­cord­ing to MLA-re­leased data.

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