MLA briefs 18 Apr 2013: Offal sales lift to China, Russia

Beef Central, 15/04/2013

Australian offal exports for the March quarter increased 6pc year-on-year, totalling 37,969 tonnes swt, underpinned by higher cattle slaughter, steady demand from Japan and significantly higher volumes to China and Russia (DAFF).

Following the recent huge surge in beef and veal shipments to China, offal shipments for the March quarter reached 1,193 tonnes swt, almost twice the total shipped during the same period in 2012 – with anecdotal reports suggesting the increased volumes are likely to continue. Interestingly, while beef shipments to Russia have been subdued, offal bucked the trend and increased 25pc year-on-year, reaching 4,011 tonnes swt.

Encouragingly, while under increased pressure from US product, Australian offal shipments to Japan improved 5pc% year-on-year, hitting 5,131 tonnes swt – which is typically the highest valued offal market.

Other markets contributing to the increased offal exports for the quarter were the Middle East (3,767 tonnes swt), South Africa (3,384 tonnes swt) and Singapore (890 tonnes swt), up 3pc, 23pc and 20pc, respectively, year-on-year. Additionally, now congestion issues in Hong Kong have reportedly eased, shipments also improved substantially to Hong Kong, up 17pc over the same period, at 7,718 tonnes swt.

Markets to lose ground throughout the quarter included Indonesia (501 tonnes swt), back 64pc year-on-year, and Korea, where shipments were back 5pc over the corresponding period, at 4,987 tonnes swt.

Source: MLA


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