U.S. mad cow boosts Aussie beef exports to near record

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.