Australia's beef exports historically low

This is 33,090 tons, or 3.7 percent. less than a year earlier. Between 2021 and 2020, overseas beef sales in Australia have already fallen by around 15%. They are now at their lowest level since 2003, when the bovine spongiform encephalopathy (BSE) crisis caused international demand to collapse. The drop in Australian beef exports by around a third in three years is due less to the consequences of the coronavirus pandemic and more to a low supply of slaughter cattle. Low population due to drought The cattle herd has already reached one of its lowest levels in 2020 as a result of previous droughts and will now only recover once the forage base improves. The effects of storms and labor shortages, along with soaring beef cattle prices, have slowed exports recently, analysts say. However, beef exports are expected to exceed 1 million tonnes again in 2023. The most important recipient of Australian beef was again Japan, which bought 214,300 tonnes last year. However, the quantity ...