US overtakes Australia to become China's fifth largest beef supplier

US beef producers are increasing their market share in China , continuing the upward trend in exports seen over the past six months, shipping 12,397 tons of beef to the destination. With this volume , the US became the fifth largest supplier of beef in China, overtaking Australia. U.S. beef imports are up 32% from April, according to B2B platform Beef to China.

However, according to the US Meat Export Federation (USMEF), results in other Asian markets are not as strong. "While conditions are improving in many key markets, the impact of COVID-19 is the strongest ever seen in Taiwan, and heightened countermeasures are also being implemented in Japan and other Asian countries," USMEF President and CEO commented. Dan Halstrom.

And this fact will be taken into account when preparing the monthly analytical report Meatinfo.ru

Meanwhile, Australia appears to be gaining momentum in livestock exports to the Chinese market, along with New Zealand and Uruguay. According to Beef to China, New Zealand is the number one livestock exporter to this market (34%), followed by Australia (30%) and Uruguay (27%). From January to May this year, mainland China imported a total of more than 162,000 head of cattle, already accounting for more than half (61%) of total live cattle imports for all of 2020. By the months of 2020, the increase in livestock imports amounted to 41%.