South Australia's beef exports to the U.S. quadrupled to $195.7 million due to U.S. cattle inventory decline.
South Australia has seen a nearly four-fold increase in beef exports to the U.S., totaling $195.7 million in the past year. This surge is driven by a U.S. cattle inventory decline due to drought and high costs, increasing demand for imported beef. South Australia, now a key supplier, has doubled its market share of Australian beef exports to the U.S. Other states also report growth, with overall Australian beef shipments up 9% in May.
September 15, 2024
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