Australian beef exports to the EU in May reached the highest monthly total since September 1998.
May saw 1996 t (shipped weight) sent to the EU from Australia, with grassfed beef shipments totalling 1076 t and grainfed beef reaching 920 t, which is a record monthly volume for grainfed beef.
Traditionally, May is a strong month for beef exports to the EU according to Meat and Livestock Australia.
Australia's Hilton beef quota, of which grassfed beef exports make up the vast majority of shipments, runs annually from the start of July to the end of June, with quota holders increasing export volumes in May to get product on the water and to Europe in time for the end of the quota year.
However, it has been the strong growth in grainfed beef exports that has taken total volumes to levels not seen since the late 1990s.
Grainfed shipments have totalled 3776 t for the year to date (January to May), a more than two-fold increase year-on-year.
An increasing awareness of Australian beef in the EU has fuelled strong demand for Australian grainfed beef, while growth in Australian EU eligible supply has also facilitated the expansion in shipments, MLA reports.
Source: Meat and Livestock Australia