Australian gloom at confirmation of Japanese BSE case
There was a growing sense of resignation in Australia last week surrounding Japan’s first confirmed case of BSE, and the likely impact this will have on exports of Australian beef to the country.
Japan is currently the Australian beef export industry’s most valuable market, accounting for A$1.7 billion ($832 million) of the industry’s total A$4 billion turnover. Last year, Japan took 25% of Australia’s entire beef output while Australian beef now accounts for 30% of all imported beef consumed in the country.