Asian markets outside of China, notably South Korea and Japan, were the biggest buyers of US beef in July, according to trade data from the US Meat Export Federation.
The successful conclusion to Trans Pacific Partnership (TPP) talks, which focused on removing trade barriers between the US and several Pacific Rim countries, has been welcomed by the National Cattlemen’s Beef Association (NCBA).
Australia needs to focus more on the Middle East as a long-term beef export destination, according to Australia Arab Chamber of Commerce and Industry CEO Suzannah Moss-Wright, as exports to the region climb.
In 2015 Ukraine aims to increase meat exports by 19.3% and reduce imports by 16% year-on-year, according to a forecast from the country’s Economic Development Ministry.
Export volumes for US beef and pork fell in November, according to the latest data released by the US Department of Agriculture (USDA), and compiled by the US Meat Export Federation (USMEF).
Strong beef sales have contributed to a 27% value hike in Irish food and drink exports over the last three years to €9bn in 2012, while trade with the UK has risen by 5% over the last year alone to €3.8bn or 42% of all exports.
US beef exports fell in March compared to same time last year, but increased slightly in value, according to statistics released by the US Department for Agriculture (USDA).
