ANALYSIS: Korea’s April 2025 Beef Imports Slip MoM to 38,068 mt

Korea’s beef imports in the month of April 2025 amounted to 38,068 metric tons (mt), slipping 5.3% month-on-month (MoM), according to the latest data from Korea Customs Service.

In line with historical trends, the 2,130 mt monthly decrease was driven by lower in-bound shipments across key suppliers such as the United States (US), Australia, Canada and New Zealand.  

Annually, April imports firmed 1.5% year-on-year (YoY), a modest increase of 555 mt, led by higher tonnage from Australia and New Zealand while supply from the...

ANALYSIS: Australia’s April 2025 Beef Exports Rebound 18.5% MoM as Cyclone Effects Fade

Australia exported 127,173 metric tons (mt) of beef in April 2025, up 18.5% month-on-month, as shipments rebounded sharply from a weather-disrupted March, according to data from the Department of Agriculture, Fisheries and Forestry (DAFF).

Shipments recovered following logistical interruptions caused by Ex-cyclone Alfred, during Australia’s most active tropical cyclone season in two decades. Port closures and road disruptions across Queensland, the country's key processing hub, had weighed heavily...

Pre Brands Introduces Expanded Grass-Fed Selection at BJ's Wholesale Club

Pre Brands has expanded its lineup of "better-for-you" grass-fed steaks, ground beef, and stew meat, now available at BJ's Wholesale Club locations.

Currently, Pre Brands offers its 20 oz two-pack ribeye and 20 oz two-pack New York strip at all BJ’s banners.

The latest expansion introduces three new products: an 18 oz, three-pack of sirloin steaks; 16 oz stew meat; and 90% lean ground beef in a 48 oz, three-pack. This marks a six-fold increase in the availability...

ANALYSIS: China Set to Trigger Safeguard Mechanism on Australian Beef Imports for the 5th Time

Australian beef imports into China may soon face a 12.0% Most-Favoured Nation (MFN) tariff rate, as the Special Agricultural Safeguard (SSG) mechanism is set to trigger for the fifth time.

Following previous activations in 2018, 2019, 2020, and 2023, this tariff applies for the remainer of the year if imports from Australia exceed 178,418 mt in 2024.

Based on the data from the General Administration of Customs of the People's Republic of China, imports from Australia at the end of July...

ANALYSIS: New Zealand's July 2024 Beef Exports Record 19.6% M-O-M Decline; Exports to China Nosedive

New Zealand’s beef exports in July 2024 amounted to 40,046 metric tonnes (mt), falling 19.6% or 9,734 mt compared to the same period last month, data from Stats NZ indicated.

Notable decreases were seen in exports to the United States (US) and China, in line with seasonal production patterns and lower cattle numbers. Year-on-year (y-o-y), exports fell 13.8% or 6,427 mt. Higher exports to the key Japanese, Canadian and Korean markets helped to mitigate further falls... 

ANALYSIS: Australia's July 2024 Beef Exports Skyrocket to All-Time Highs

Australia's beef and veal exports skyrocketed to an all-time high of 129,998 metric tonnes (mt) in July 2024, according to the latest data from the Department of Agriculture, Fisheries, and Forestry (DAFF).

Despite the July figures sitting just 2 mt shy to cross the 130,000 mt mark, they surpassed the last record highs of 123,464 mt that the industry witnessed in May 2015 during the drought season. The key driver factor was the undersupplied United States (US) market, whose herd contraction woes sent buyers seeking out Australia’s...