May 14, 2005

 

Australian beef exports at record volumes for April

 

 

Continuing strong demand has led to a rise of 17 percent for Australian beef exports during April. The 83,450 tonnes exported for the month was the highest volume for April on record.

 

Japan, Korea and the US accounted for almost 93 percent of April exports. With import demand still historically high in Japan and the US, and fierce competition elsewhere, shipments to other destinations fell 15 percent from last April.

 

A record 37,981 tonnes was exported to Japan in April, a 41 percent increase versus April 2004. Japanese demand for Australian produce continued to strengthen in the absence of supply from the US.

 

A combination of increased Australian beef production and high US import cow prices, contributed to April exports to the US being at their second highest level in over a decade. Overall, 32,640 tonnes were shipped to the US during the month, 11 percent more than in March and 20 percent above April 2004 levels.

 

Large volumes of Australian beef stocks in South Korea caused exports to the destination during April to fall 33 percent to 6,802 tonnes compared with March and 34 percent compared with April 2004.

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