November 15, 2004, as
reported by just-food.com: Heightened demand and a lowering
of attractive supplies have caused Australian beef exports to soar
to near record levels. According to officials beef exports reached
A$3.34bn (US$2.58bn) through September, already an increase of 28%
over the previous year.
Export levels have been by boosted by a rise in demand from Japan
and Korea. The two Asian countries increased shipments of Australian
beef after banning imports from the US following the discovery of
a case of mad cow disease in Washington State last December.
Australian beef exports were just 2% lower than the record of $3.39bn,
set in 2001, reported Reuters.
Exports of beef and veal to Japan rose 61% to $1.64bn, while exports
to the US increased 11% to $1.03bn.