According to reports from Meat and Livestock Australia (MLA), Australian red meat production has increased, resulting in a surge in export volumes.

In February, beef exports rose by 33% YoY to 93,834 shipped weight tonnes (swt). 
Japan became the largest market with exports lifting 43% YoY to 23,794 swt. Exports to the USA showed a significant rise of 83% YoY to 21,341 swt, while exports to China lifted by 26% YoY to 15,757 swt. The increase in exports to Japan coincided with the clearance of the meat backlog in cold storage, indicating strong demand for Australian beef in global markets.

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