Updated global market
MEAT and Livestock Australia has announced there is still an ongoing demand for Australian chilled grassfed beef from American consumers as a result of its updated global and domestic market snapshot.
MLA's consumer trends showed the continuing rise in demand for premium Australian lamb from the Gulf Cooperation Council countries and robust growth in sheepmeat exports into China.
MLA market intelligence manager Scott Tolmie said several key developments had emerged for the Australian red meat and livestock industry and trends that would influence Australia's future red meat exports.
"Australia supplies red meat to over 100 countries and demand for our products is heavily influenced by changing consumer preferences, as well as trade access and supplies from competing nations,” Mr Tolmie said.