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Beef Offal Prices Continue to Rise

09 December 2014
Meat & Livestock Australia

AUSTRALIA - Beef offal prices in Australia have continued to move up, with the Australian dollar falling and international demand strong.

Meat and Livestock Australia said that during November, Australia exported 14,163 tonnes of beef and veal offal – primarily to Korea, Indonesia, Japan, Hong Kong and South Africa.

This figures is down by 13 per cent on October, but seven per cent higher than a year ago.

Since the middle of 2013 most beef offal prices have tended to be going up.

Primarily shipped to Korea and Hong Kong, tripe prices continued to improve, with honeycomb tripe up 70 per cent year-on-year, at A$7.04/kg, and tripe pieces up four per cent, at A$3.22/kg.

While South Africa has been the main destination for beef and veal liver in the past, but Egypt has emerged as a new market, taking 42 per cent of total exports, and halal liver prices have rallied 15 per cent year-on-year to A$1.50/kg.

Halal heart prices improved 17 per cent year-on-year, averaging A$2.13/kg in November, with demand from Indonesia continuing to grow.

Japan remained the primary market for tongue exports, however swiss-cut tongue prices eased by six per cent year-on-year and were firm month-on-month, at A8.83/kg.

During November, thin and thick skirt were up 45 per cent and 44 per cent year-on-year, respectively, at A$6.55/kg and A$6.54/kg, and tail rallied 56 per cent to A$8.9/kg.

November sheep offal prices eased month-on-month but were mostly above year-ago levels – kidneys were the exception, back 39 per cent year-on-year to A$2.30/kg.

TheMeatSite News Desk



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