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Australian Beef Exports to Korea Remain Strong

05 June 2014
Meat & Livestock Australia

SOUTH KOREA - High cattle slaughter levels assisted Australia’s beef and veal exports to Korea during May to reach their second highest May monthly volumes on record, at 12,547 tonnes according to figures from the Department of Agriculture.

Meat and Livestock Australia said that increased frozen beef shipments contributed to the higher monthly exports during May – 29 per cent above the five-year average, at 9,758 tonnes.

In contrast, chilled beef exports were down slightly (one per cent) year-on-year, but remained steady on the five-year average, at 2,789 tonnes.

Chilled grass-fed beef shipments during May were each down 15 per cent year-on-year and the five-year average, at 1,183 tonnes.

However, chilled grain-fed beef exports were 13 per cent higher year-on-year and 16 per cent above the five-year average, at 1,606 tonnes, reportedly assisted by improved retail sales of Australian beef during the month, MLA said.

Despite the high monthly exports, the volumes of chuck roll and manufacturing beef fell year-on-year, at 3,285 tonnes (down 13 per cent) and 1,158 tonnes (down 32 per cent), respectively.

However, increased exports were registered for blade (up 42 per cent, at 2,056 tonnes) and brisket (up 12 per cent, at 1,089 tonnes).

Improving interest from Korean traders also supported short rib shipments during May, at 1,307 tonnes – up 16 per cent year-on-year.

TheMeatSite News Desk

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