April 9, 2013
Australian beef and veal exports to Korea jumped to 11,250 tonnes swt during March, rising 42 per cent year-on-year according to Meat and Livestock Australia. The volume for the first quarter of 2013 totalled 28,406 tonnes swt, up 17pc in the corresponding period in 2012, with a 5pc increase in chilled beef exports, totalling 6967 tonnes swt. The increase in the March exports was largely registered for frozen beef, reaching 8723 tonnes swt, up 60pc year-on-year. Chilled beef exports also increased 3pc year-on-year, to 2527 tonnes swt, with chilled grassfed beef lifting 5pc year-on-year, to 1220 tonnes swt. Assisted by reportedly low stock levels, chuck roll exports during March rose 69pc year-on-year, to 2932 tonnes swt, with blade as an alternative cut increasing 116pc, to 1291 tonnes swt. Demand for manufacturing beef was also strong during March – more than doubling from 895 tonnes swt in March 2012 to 1841 tonnes swt in March 2013. However, the monthly volume of short rib declined 24pc year-on-year, to 989 tonnes swt, largely due to increased volumes from the US. Offal exports to Korea during March were up 3pc year-on-year, to 1929 tonnes swt. While the volume of cheek meat, one of the popular items shipped to Korea, decreased to 449 tonnes swt, down 9pc year-on-year, exports of intestine and skirt increased to 449 tonnes swt (up 11pc year-on-year) and 351 tonnes swt (up 6pc year-on-year), respectively, with tail also lifting to 314 tonnes swt (up 17pc year-on-year).