News

Australia: Red meat exports through the Port of Melbourne reach an all-time high

Meat
Australia
Supply Chain Management
Market & Price Trends
Published Dec 4, 2023

Tridge summary

Red meat exports through the Port of Melbourne reached a new high in October 2023, with nearly 5,000 containers. Packaged beef accounted for over 41% of the total output, followed by lamb. This growth in red meat exports is not limited to Melbourne, as Australian red meat exports hit a four-year monthly high in October 2023.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.

Original content

Port of Melbourne chief executive Saul Cannon said “red meat remains a key driver of export volumes and represents the port's fifth-largest containerized export commodity group.” The sector saw significant growth last year, with October 2023 exports up 23% from the previous year. Throughout the season, 42,329 TEUs have been shipped. This upward trend is reflected across the country, as Australian red meat exports in October 2023 hit a four-year monthly high. In Victoria, the previous peak in red meat exports was ...
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