Australian red meat exports surge amid global demands

Mutton

Published Mar 8, 2024

Tridge summary

Australia's red meat production has seen a significant increase, leading to a surge in export volumes. In February, exports of lamb and mutton reached a record high of 52,351 shipped weight tonnes (swt). The United States was the largest market for Australian lamb, with exports increasing by 36% year-on-year to 7,543 swt. Beef exports also saw a 33% increase to 93,834 swt, with Japan being the largest market. Additionally, the United States became the largest export market for Australian goat meat in February, with a 143% increase in exports to 2,149 swt.

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

Australian red meat production continues its upward trajectory, leading to a surge in export volumes to unprecedented levels. With robust demand in key export markets and a global shift in supply, Australian exporters are well positioned to capitalise on increased production and address shortages from other suppliers. Lamb and mutton In February, combined lamb and mutton exports reached 52,351 shipped weight tonnes (swt), marking the highest export volume for any month on record. Lamb exports have been very high over the past few years, but what makes this figure remarkable is that February is usually a month with relatively smaller export volumes. Beyond being the shortest month, export volumes usually peak in the last three months of the year, as the spring flush yields increased production. Source: DAFF, MLA In 2024, high slaughter volumes at the start of the year translated into very strong export volumes. The United States remained Australia’s largest lamb market, with ...

Source: Mla