Aussie Beef Exports to Japan Underpinned by Brisket
AUSTRALIA and JAPAN - Australian beef exports to Japan during January totalled 16,799 tonnes swt, only 57 tonnes swt higher than the flood affected 2011 volumes, with the volume sustained by strong demand for briskets, reports Meat and Livestock Australia (MLA).
8 February 2012
1 minute read
The surge in brisket exports, up 48 per cent year-on-year to 4,047 tonnes swt, was helped by firm demand from the Japanese fast food sector, limited US stocks (due to the import suspension imposed on a major US plant), and softer buying from Korea.
Otherwise demand from Japan during January lacked spark, following substantial volumes shipped in December 2011. The high A$ and firm cattle prices made negotiations difficult for both Australian and Japanese traders. Major declines for the month were seen in fullset (down 56 per cent to 578 tonnes swt), manufacturing beef (down 11 per cent to 4,635 tonnes swt), and other/hamburger patty categories, according to data released by Department of Agriculture, Fisheries and Forestry.
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