logo
Australian beef surges into China and United States during trade war

Australian beef surges into China and United States during trade war

Australia exported more than 127,000 tonnes of beef last month, a record for April.
The biggest customer was the United States (37,213 tonnes), followed by China (21,572 tonnes).
The record month for Australia comes as beef exports from the United States to China have ground to a halt.
However, many analysts feel it is too early to attribute Trump tariffs and trade wars to the noticeable uptick in exports.
Meat and Livestock Australia's global supply analyst, Tim Jackson, said the surge in export volumes was fundamentally because of record supply.
"Last year we saw record beef exports and record beef production [in Australia] and we are well-positioned to achieve that again this year," he said.
Australia's feedlot sector is also on the rise, and last month the nation exported more than 37,000 tonnes of grain-fed beef — which is a record for any month.
China bought one-third of that product and so far this year has imported about 42,000 tonnes of grain-fed beef from Australia, up 36 per cent on the same period last year.
Mr Jackson was reluctant to say how much of a role the trade war between the US and China had played.
"It's difficult to say at the moment, these are fairly early figures and we'd need to wait for more information to come out and get a better understanding of that trade dynamic," he said.
According to Global Agritrends, beef exports from the United States to China have dried up and Chinese importers recently cancelled orders for 5,500 tonnes.
It is reporting that other international markets have "absorbed the lost Chinese volumes" with South Korea and Japan in particular buying big.
Meanwhile, cattle flooded into southern saleyards of Australia this week as the dry weather forced producers to sell.
There was a record yarding at Wagga Wagga on Monday of nearly 8,700 head.
The national livestock reporting service described it as "an unprecedented influx of cattle that surprised agents".
"The surge in numbers is primarily attributed to ongoing water issues and a lack of feed, which have forced many farmers to sell, with some farmers having no choice but to commence liquidating their cow herds," wrote market reporter Leann Dax.
"Agents in Wagga expect this trend to continue as conditions remain dire."
Nearly 10,000 head of cattle are booked in for sale at Wagga on Monday.
At Wodonga on Thursday about 6,200 head were penned, which was a record yarding for May.
Speaking to ABC Landline, livestock agent Katie Lewis said prices held firm thanks to demand from feedlots and producers further north who have green grass.
"A lot of farmers that went through the process of feeding livestock last year have decided they're not doing it again this year," she said.
"A lot of people have decided to bite the bullet, the money is good and they've decided to sell early.
"There's been good support from our friends in the north who have had a cracking start to the year and are here today buying, so the energy at the sale has been really positive."
The national cattle indicators eased across the board this week, including the processor cow indicator falling 22 cents a kilogram to reach its lowest level of the year.
Watch ABC TV's Landline at 12:30pm on Sunday or on ABC iview.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Dubbo real estate: The latest auction and sales results for week ending June 7
Dubbo real estate: The latest auction and sales results for week ending June 7

Daily Telegraph

time5 hours ago

  • Daily Telegraph

Dubbo real estate: The latest auction and sales results for week ending June 7

Don't miss out on the headlines from Hyperlocal. Followed categories will be added to My News. A four-bedroom house in Dubbo was the most expensive sale reported in Dubbo last week. The property at 60 Cunningham Street sold for $665,000 by private sale. Only one property was sold via auction last week. data division Proptrack has reported 10 local auction and private sale results in the past seven days. Guide to reading auction and private sale results PI - Passed in PT - Sold by private treaty S - Sold at auction SA - Sold after auction SB - Sold before auction VB - Passed in on vendor bid W - Withdrawn from auction Auction and private sale results in Dubbo Click on the address to know more. Dubbo 60 Cunningham Street, 4-bedroom house, PT, $665,000 Agency - Bob Berry Real Estate - Dubbo 12 Shoreview Lane, 3-bedroom house, PT, $659,000 Agency - Southlakes Estate - DUBBO 1 Campese Court, 4-bedroom house, PT, $651,000 Agency - Bob Berry Real Estate - Dubbo 5 Banksia Crescent, 3-bedroom house, PT, $520,000 Agency - Bob Berry Real Estate - Dubbo 7 Giles Court, 3-bedroom house, PT, $517,500 Agency - Ray White - Dubbo 35 Carnegie Avenue, 5-bedroom house, PT, Undisclosed Agency - Property Now - BRISBANE CITY 13 Tamworth Street, 2-bedroom house, S, Undisclosed Agency - Elders Dubbo Rural Wellington 127 Arthur Street, 3-bedroom house, PT, Undisclosed Agency - Sterling Turner Real Estate - Wellington 3 Marsh Street, 3-bedroom house, PT, Undisclosed Agency - Colin Hewett Real Estate - DUBBO Track the value of your home today.

Coffs Harbour real estate: The latest auction and sales results for week ending June 7
Coffs Harbour real estate: The latest auction and sales results for week ending June 7

Daily Telegraph

time5 hours ago

  • Daily Telegraph

Coffs Harbour real estate: The latest auction and sales results for week ending June 7

Don't miss out on the headlines from Hyperlocal. Followed categories will be added to My News. A six-bedroom house in Boambee was the most expensive sale reported in Coffs Harbour last week. The property at 62 Symons Avenue sold for $1.5 million by private sale. The cheapest property was a two-bedroom unit at 219/63 Ocean Parade, which sold for $515,000 by private sale. data division Proptrack has reported 31 local auction and private sale results in the past seven days. Guide to reading auction and private sale results PI - Passed in PT - Sold by private treaty S - Sold at auction SA - Sold after auction SB - Sold before auction VB - Passed in on vendor bid W - Withdrawn from auction Auction and private sale results in Coffs Harbour Click on the address to know more. Boambee 62 Symons Avenue, 6-bedroom house, PT, $1,475,000 Agency - Nolan Partners - Coffs Harbour Boambee East 16 Cuthbert Street, 5-bedroom house, PT, $979,000 Agency - McGrath - Coffs Coast 32 De Castella Drive, 4-bedroom house, PT, $930,000 Agency - Unreal Estate Coffs Coast - Coffs Harbour Bonville 258A North Bonville Road, 7-bedroom house, W, Undisclosed Agency - Laing+Simmons - Coffs Harbour 20A Mimiwali Drive, 4-bedroom house, PT, $830,000 Agency - Stone Real Estate - Coffs Harbour Coffs Harbour 18 Peterson Road, 4-bedroom house, PT, Undisclosed Agency - First National Real Estate Coffs Coast 4/47 Prince Street, 3-bedroom unit, W, Undisclosed Agency - McGrath - Coffs Coast 22 Pearce Drive, 4-bedroom house, PT, Undisclosed Agency - Aleta & Co Realty - COFFS HARBOUR 219/63 Ocean Parade, 2-bedroom unit, PT, $515,000 Agency - @realty - National Head Office Australia 18 Mathie Street, 3-bedroom house, PT, $741,000 Agency - @realty - National Head Office Australia 76 Thompsons Road, 4-bedroom house, PT, Undisclosed Agency - First National Real Estate Coffs Coast 56 Buchanans Road, 5-bedroom house, PT, $815,000 Agency - PRD - Coffs Harbour Corindi Beach 41 Simon Street, 4-bedroom house, PT, $875,000 Agency - Michael Smith - Woolgoolga 37 Saltwater Crescent, 4-bedroom house, PT, $915,000 Agency - Michael Smith - Woolgoolga Gleniffer 290 Roses Road, 3-bedroom house, PT, $1,265,000 Agency - OpenHome Online - Bellingen Moonee Beach 8 Beechwood Place, 5-bedroom house, PT, Undisclosed Agency - The Agency Coffs Harbour - COFFS HARBOUR North Boambee Valley 12 Highlander Drive, 4-bedroom house, PT, $950,000 Agency - Dobbs & Co. - COFFS HARBOUR Safety Beach 5 Admiralty Drive, 5-bedroom house, PT, $1,175,000 Agency - Vision Property Sales Sapphire Beach 50 Ivory Cct, 4-bedroom house, PT, $1,125,000 Agency - PRD - Coffs Harbour Sawtell 18 Sabal Drive, 4-bedroom house, PT, Undisclosed Agency - McGrath - Coffs Coast Toormina 8 Walsh Close, 3-bedroom house, PT, $697,500 Agency - Century 21 - Coffs Coast Ulong 99 Pine Avenue, 2-bedroom house, PT, $580,000 Agency - The Edge - Coffs Harbour Urunga 43 High Street, 3-bedroom house, PT, $649,000 Agency - Warren Weick Real Estate - Bellingen Woolgoolga 9 Greys Road, 4-bedroom house, PT, $845,000 Agency - Vision Property Sales Track the value of your home today.

Bowral real estate: The latest auction and sales results for week ending June 7
Bowral real estate: The latest auction and sales results for week ending June 7

Daily Telegraph

time5 hours ago

  • Daily Telegraph

Bowral real estate: The latest auction and sales results for week ending June 7

Don't miss out on the headlines from Hyperlocal. Followed categories will be added to My News. A four-bedroom house in Exeter was the most expensive sale reported in Bowral last week. The property at 522 Ellsmore Road sold for $2.5 million by private sale. data division Proptrack has reported 37 local auction and private sale results in the past seven days. Guide to reading auction and private sale results PI - Passed in PT - Sold by private treaty S - Sold at auction SA - Sold after auction SB - Sold before auction VB - Passed in on vendor bid W - Withdrawn from auction Auction and private sale results in Bowral Click on the address to know more. Balmoral 59 Railway Parade, 4-bedroom house, PT, $1,460,000 Agency - Century 21 - Picton 87 Railway Parade, 4-bedroom house, PT, $906,500 Agency - Exclusive Estate Agents - MACARTHUR Berrima 20 Argyle Street, 4-bedroom house, PT, Undisclosed Agency - Dunne Real Estate southern highlands - BOWRAL 3 Wilshire Street, 3-bedroom house, PT, Undisclosed Agency - Ray White Mittagong - MITTAGONG Bowral 53 Purcell Street, 3-bedroom house, PI, Undisclosed Agency - Duncan Hill Property 6 Wycliffe Place, 5-bedroom house, PT, $2,410,000 Agency - Stone Real Estate Southern Highlands 6/51 Robinia Drive, 5-bedroom house, PT, $1,775,000 Agency - Ray White - Bowral 81 Merrigang Street, 3-bedroom house, PT, $1,750,000 Agency - Duncan Hill Property 43 Mount Road, 4-bedroom house, PT, $1,370,000 Agency - Bruce White Real Estate - MOSS VALE 4/24-26 Purcell Street, 3-bedroom unit, PT, $1,100,000 Agency - McGrath Southern Highlands 5 Rowan Place, 4-bedroom house, PT, Undisclosed Agency - CARLTON REAL ESTATE - MITTAGONG 13/2 Cypress Parade, 2-bedroom unit, PT, Undisclosed Agency - Colliers - SYDNEY Burradoo 15 Patchway Place, 6-bedroom house, PT, Undisclosed Agency - Dunne Real Estate southern highlands - BOWRAL Colo Vale 20 Banksia Street, 5-bedroom house, PT, Undisclosed Agency - Campbell Jones Property - Bowral Exeter 522 Ellsmore Road, 4-bedroom house, PT, $2,450,000 Agency - Ray White - Bowral Hill Top 10 Rocky Waterholes Road, 4-bedroom house, PT, Undisclosed Agency - Ray White Mittagong - MITTAGONG 2-4 Raglan Street, 3-bedroom house, W, Undisclosed Agency - Ray White Mittagong - MITTAGONG 11 Pirrillie Street, 3-bedroom house, PT, $890,000 Agency - Gerard Smith First National - Picton Mittagong 187 Oxley Drive, 4-bedroom house, PT, Undisclosed Agency - CARLTON REAL ESTATE - MITTAGONG Moss Vale 10 Cooke Place, 4-bedroom house, PT, Undisclosed Agency - Highlands Property - BOWRAL 7 Roe Street, 3-bedroom house, PT, $800,000 Agency - LJ Hooker Bowral 7 Bellevue Avenue, 3-bedroom house, PT, $745,000 Agency - Highlands Property - BOWRAL 12/35-41 Watson Road, 3-bedroom unit, PT, $785,000 Agency - First National Real Estate Bowral - BOWRAL 34 Narellan Road, 4-bedroom house, PT, Undisclosed Agency - Raine & Horne - Southern Highlands 194 Argyle Street, 5-bedroom house, PT, $1,250,000 Agency - Ray White - Moss Vale 7/61 Kirkham Street, 2-bedroom unit, PT, $637,750 Agency - Ray White - Moss Vale 11 Throsby Street, 2-bedroom house, PT, Undisclosed Agency - Hindmarsh & Walsh Property - Moss Vale Renwick 6 Roty Avenue, 4-bedroom house, PT, $1,095,000 Agency - McGrath Southern Highlands 8 Bold Street, 4-bedroom house, PT, $1,250,000 Agency - Belle Property Southern Highlands Robertson 2-4 Swan Street, 4-bedroom house, PT, $1,000,000 Agency - Ray White - Bowral Welby 12 Joadja Street, 3-bedroom house, PT, $850,000 Agency - Highlands Property - BOWRAL Wingello 45-49 Marulan Street, 4-bedroom house, PT, $1,135,000 Agency - The Agency - Southern Highlands Woodlands 80 Woodlands Road, 3-bedroom house, W, Undisclosed Agency - Ray White Mittagong - MITTAGONG Yerrinbool 17B Kent Street, 4-bedroom house, PT, $1,195,000 Agency - Gibraltar Real Estate Track the value of your home today.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store