Oz Cattle Races to Another Record Quarter
AUSTRALIA - Live Australian cattle shipments broke previous first quarter records this March as the county continued its surge into foreign markets such as Indonesia. Australia is fueling its foreign expansion by tapping cattle supplies from the North that are becoming increasingly suitable.
8 May 2008
1 minute read
Exports for March totalled 73,893 head, up 59% year-on-year, pushing shipments for the first quarter of 2008 to a record 197,796 head (Australian Bureau of Statistics).
Indonesia received 133,010 head of Australian cattle during the first three months of 2008, an increase of 50% on the same period last year, with volumes for March at 53,557 head. Indonesian demand for Australian cattle continued unabated into 2008, following a record 517,000 head sent during 2007. Assisting the record shipments during 2008 has been dry conditions across parts of northern Australia, particularly through the Northern Territory, which has seen an ample number of suitable cattle being made available.
Israel was the second largest market during the first quarter of 2008, receiving 23,876 head – more than double the same period last year. Increased shipments for the three months have also been registered to Libya (8,959 head), Japan (6,291 head), China (4,498 head) and Saudi Arabia (2,000 head).
March also saw the first shipment of cattle to the Philippines since August last year, at 3,762 head, while 1,500 head was sent to Malaysia.
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