Beef Exports To South Asia Bounce 28 Per Cent In May

AUSTRALIA - Australian beef exports to South East Asia and Greater China during May surged 28 per cent compared with May 2010, to 12,990 tonnes swt.
calendar icon 8 June 2011
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Meat & Livestock Australia

Following several months of sluggish orders to Indonesia, due to restrictions on import permits, exports to the market during May jumped 70 per cent, to 4,229 tonnes swt. Shipments to China were also remarkably strong, surging 262 per cent year-on-year, to 812 tonnes swt, offsetting the 10 per cent fall in shipments to Hong Kong (to 625 tonnes swt). While the impact of the record high A$ was felt for exports to Taiwan (down 8 per cent, to 3,242 tonnes swt), volumes to all other markets in the region continued to rise.

Chilled beef exports to the region during May increased 49 per cent on a year ago, to 1,582 tonnes swt, largely assisted by chilled beef demand from Taiwan (as more US beef was detected with a drug that promotes lean meat).

Shipments of the three main cuts to the region increased during May, including manufacturing (up 18 per cent), shin shank (up eight per cent) and blade (up 64 per cent).

Australian beef shipments to South East Asia and Greater China during the 11 months to May 2011 totalled four per cent above the same period last year, at a record 123,505 tonnes swt. While shipments to Indonesia were reduced, exports to China, Malaysia, Singapore, Thailand and Viet Nam all increased.

TheCattleSite News Desk

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