A large typhoon tore across Japan this week, causing landslides and disrupting supply chains. The Japanese wholesale trade reported potential delays in customs clearance and deliveries of imported beef, as the market enters the second long weekend this month.
In the Australian beef export market, Australian domestic and some international market demand supported the firm prices in US$ terms this week, despite the lower A$.
Japanese interest was limited to fast-moving items, such as shoulder and butt cuts, although buyers were met with brisk bidding from countries like Russia and Korea.
Source: Meat & Livestock Australia (MLA)