Australian beef sales to Japan remain weak: down 6% over last year

Thursday, October 18th 2012 - 01:37 UTC

Full article 3 comments

Increased local production of Wagyu beef cut demand for imports

Australia shipped 22,648 tonnes swt of beef to Japan during September, the lowest monthly volumes since December 2003 (with the exception of January).

Chilled beef exports were down 13% to 10,056 tonnes swt, while frozen volumes reduced 25% to 12,592 tonnes swt.

Compounding factors contributed to the decline, including news on the Japan Prion Committee supporting a change to the existing protocols concerning the importation of US beef (announced early September).

Imported beef sales during the month were reportedly sluggish across the sector, especially in retail where Japanese Wagyu beef has often been on special offer, underpinned by increased production.

With high import volumes during the previous month (up 22% year-on-year) and uncertainties surrounding the timing of the US protocol change, Japanese buyers’ bids for Australian beef remained soft in September, resulting in subdued outcome.

Australian beef exports to Japan during January to September 2012 totalled 232,999 tonnes swt, 6% less than the corresponding period in 2011. (Meat trade news Daily).-

Categories: Economy, International.

Tags: Australia, Japan, Wagyu.

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Tinx
Where are all these posters always write from Australia ?
Oct 18th, 2012 - 09:33 am 0
briton
the picture looks like carrots..lol.
Oct 18th, 2012 - 10:43 am 0
British_Kirchnerist
Why buy Australian mince, when you can have sirloin steak from Cristina's Argentina =)

#2 You're saying its not carrot? I actually had to check!
Oct 27th, 2012 - 09:58 pm 0

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