Trade

Domestic wholesale beef prices show solid lift

There’s been a solid rise in domestic wholesale beef prices recently, with many popular cuts and grinding meat now 15-20pc higher in value than they were in December. That’s come despite a sharp rise in production during February and early March, with some recent weekly national beef kills hitting four-year highs above 128,000 head…Read More

Jon Condon, 07/03/2024

Brazil fills its 2024 US quota: What does it mean for Aussie beef?

Brazil and a group of other smaller exporter countries servicing the US export beef market under the US’s ‘Other Country’ beef quota have in recent days filled their tariff-free entitlement for the 2024 year. It means that in order to continue to service the US market for the remainder of 2024, Brazil will have to pay an out-of-quota tariff of 26.4pc on all shipments, reducing their competitiveness against other exporters like Australia and NZ…Read More

Jon Condon, 06/03/2024

February beef exports continue growth surge, reaching 93,834t

Australia’s expanding beef production this year is reflected in February exports, which were up more than 23,000t or 33pc on the same period last year…Read More

Beef Central, 04/03/2024

Two red meat items in Woolworths’ latest round of retail prices cuts

Two red meat items are included in the latest round of retail price cuts made on more than 400 food and grocery items by national supermarket giant, Woolworths. ..Read More

Beef Central, 01/03/2024

Indonesian beef and offal import permits finally arrive

After considerable delays, Australian beef exporters have started loading frozen beef and offal consignments for Indonesia this week, following the issuance of 2024 import permits by the Indonesian Government on Thursday,..Read More

Jon Condon, 29/02/2024

Brisbane butcher claims National Sausage Kings beef crown

Queensland meat retailer Peter Augustus Craft Butcher claimed the beef division crown in the Australian Meat Industry Council’s National Sausage Kings competition decided over the weekend. Independent butchers from NSW, Queensland, South Australia and Tasmania shared this year’s six National Sausage Kings crowns, presented during a glittering dinner at Twin Waters Resort on the Sunshine Coast on Saturday night…Read More

Beef Central, 27/02/2024

Brisbane forum will focus on risk management and price reporting tools for beef

Markets intelligence service provider Argus is hosting a beef export forum in Brisbane next month, focused on risk management tools including the Stonex feeder steer swaps product and recently-released meat pricing tools for use in the Australian beef export market…Read More

Beef Central, 26/02/2024

Lift in export manufacturing beef prices as year gains momentum 

There’s been a surge in imported manufacturing beef prices into the US in what some market participants are interpreting as early signs of supply stress, due to the effects of the US beef herd sinking to 40-year lows due to drought. What’s driving it?..Read More

Beef Central, 19/02/2024

Shipping rates rise sharply in response to Red Sea Crisis

The global shipping industry has experienced a significant surge in rates over the past couple of months, as a result of the Red Sea crisis. Three months into this crisis, container leasing rates on the China-US trade route have surged dramatically – in some cases tripling in value…Read More

Beef Central, 15/02/2024

Australia’s January beef exports off to a flying start, at 75,585t

Australian beef exports for January have had their strongest start for the year since the 2019-20 drought period, when slaughter activity went into overload…Read More

Beef Central, 05/02/2024

National Sausage Kings to be crowned in Brisbane

The humble sausage will be celebrated in all its glory when the annual National Sausage Kings competition returns to Queensland later this month…Read More

Beef Central, 02/02/2024

Australia exports record $17 billion worth of red meat in 2023

Australia exported a record A$17.08 billion with of beef and sheepmeat for the 12 months ending November, MLA says in a market snapshot report issued today Within the beef segment, total export proceeds from trade with more than 100 countries came to a record $11.39 billion – up 11pc year-on-year…Read More

Beef Central, 01/02/2024

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