News
Japanese interest grows for beef 04 Feb 2010
Japanese inquiry for Australian beef increased this week, largely driven by declining inventory levels in the market.
Buyer interest in frozen briskets and trimmings was strong, but overall supply remained limited.
In the Japanese wholesale market, reduced availability lifted the price of US chilled chuck eye roll (choice grade) this week, it traded at around 820 yen/kg, up 20 yen from last week and the highest since April 2009. Australian chilled chuck roll prices were also firm, averaging 725 yen/kg for shortfed, and 1,000 yen/kg for middlefed (up 10 yen/kg).
A recent consumer survey by the US Meat Export Federation revealed that the number of respondents who trust US beef increased by two percentage points from a year ago, to 28%. In the same survey, 34% of respondents said they would not trust its safety (down one percentage point).
More News
- 17 Mar 2010S. Korea considering meat radiation
- 17 Mar 2010Beef demand rebounding
- 17 Mar 2010EU unhappy with Russian actions
- 16 Mar 2010UK migrant workers being exploited
- 16 Mar 2010Meat taskforces tackle big issues
- 16 Mar 2010Processor & retailer face class-action suit
- 15 Mar 2010Smithfield results tops estimates
- 15 Mar 2010Canada wasnt meeting USDA standards
- 15 Mar 2010Russian meat production to rise 6%
- 12 Mar 2010BSE cow delays Canada's OIE status
- 12 Mar 2010US aims to increase pork exports
- 12 Mar 2010Inspection cuts raise concerns
- 11 Mar 2010Slight drop in Brazilian beef exports
- 11 Mar 2010Customs union may raise EU pork imports
- 11 Mar 2010Shopper cards help trace salmonella
- 10 Mar 2010Russian processor to invest US$100 million
- 10 Mar 2010Govnt gives 75-million to beef industry
- 10 Mar 2010British retailers use misleading labels
- 09 Mar 2010FDA to prosecute more food execs
- 09 Mar 2010Uruguay sheep exports to Russia rise
- 09 Mar 2010Beef imports to Korea to increase 33%
- 08 Mar 2010Govnt will do risk study on beef imports
- 08 Mar 2010US to launch probe of big agriculture
- 08 Mar 201030 million Euro for new Polish slaughterhouse
- 05 Mar 2010US wholesale pork prices rise
- 05 Mar 2010Australia struggles to satisfy Korean demand
- 05 Mar 2010US hopes to re-start pork exports
- 04 Mar 2010Unsafe slaughterhouse practices
- 04 Mar 2010Lamb exports worth over 100 mln Pounds
- 04 Mar 2010Russia may be forced to increase imports
- 03 Mar 2010African swine fever threatens Eastern Europe
- 03 Mar 2010India's dairy industry wants end to meat subsidies
- 03 Mar 2010More abattoir and processor closures imminent
- 02 Mar 2010British pork groups to focus on climate
- 02 Mar 2010Russia to simplify EU import procedures
- 02 Mar 2010Pork sector hope for pass of trade deals
- 01 Mar 2010Rain adds to Australian abattoirs problems
- 01 Mar 2010Major retailers pledging to boycott foreign beef
- 01 Mar 2010Russia largest market for Brazil in 2009
- 26 Feb 2010China lifts ban, as markets reopen to Canadian pork
