AUSTRALIA: Weak consumer demand hits Australian red meat exports
Exports of Australian red meat have fallen due to the high Australian dollar and low consumer demand.
Meat and Livestock Australia (MLA) said total beef and veal exports fell 20% to 64,000 tonnes in August, while lamb exports fell 17% and mutton exports dropped 55%, reported Asia Pulse.
MLA said the strong value of the Australian dollar had hit exports to markets such as Korea.
Exports to Canada, meanwhile, were hit by weak consumer demand due to the discovery of a single case of mad cow disease there in May.
Exports to Australia's most important market, Japan, slid 3% after Japan raised its tariff on beef imports.
Exports to Malaysia, however, increased 29%, while exports to the Philippines rose 14%.
Food producers with small domestic markets could struggle to make their business viable, unless they can conquer the export market. But in Tasmania, producers are cashing in on demand for gourmet prod...
The US Department of Agriculture confirmed yesterday (13 March) that a third case of bovine spongiform encephalopathy (BSE) has been detected, in an Alabama cow....
The Japanese Government yesterday (24 January) confirmed that a case of bovine spongiform encephalopathy (BSE) has been discovered in Hokkaido, northern Japan....
US food safety inspectors have found over 1,000 cases since 2004 where US meat plants have infringed mad cow disease rules, the US Department of Agriculture has reportedly said....
Spanish Health Minister Elena Salgado said health authorities are investigating the "strong probability" the country has suffered its first mad cow disease fatality, according to a report by the AFP n...
In the wake of food health scares such as mad cow disease (BSE), a compulsory animal identification system needs to be adopted, according to a report cited by the New Zealand Herald....
The Taiwanese authorities have reinstated a ban on US beef after the US Department of Agriculture confirmed a second case of mad-cow disease, the Taipei Times reported....
Douglas Paal, director of the American Institute in Taiwan ate US beef in front of reporters, offering his guarantee that the beef was "100% safe" to eat despite concerns over a possible new outbreak ...
- The key questions for digital strategists in 2017
- Unilever 2016 investor day - the top takeaways
- Wessanen's move for Spain's Biogran - analysis
- Whole Foods, Aldi, M&S - retail round-up, Nov 2016
- Burger King, Jollibee: foodservice focus, Nov 2016
- General Mills jobs to go in business revamp
- Verlinvest, China Resources invest in Oatly
- Hain Celestial appoints Nestle executive as US COO
- Tyson sets up US$150m investment fund
- B&G acquires pasta sauce group Victoria Fine Foods
- Confectionery North America (NAFTA) Industry Guide_2016
- How Brands Are Making Our Food Healthier
- Processed Snacks (Savory Snacks) Market in the United States - Outlook to 2020: Market Size, Growth and Forecast Analytics
- Global Dried Processed Food Market 2016-2020
- Frozen Food Production in the US - Industry Market Research Report