Market Notes – Others pick up beef slack

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Published: August 19, 2004

TOKYO (Reuters) – The absence of the United States and Canada from world beef markets because of BSE has been good news for other exporters.

Australia last week said that shipments to Japan for the first seven months of 2004 rose 41 percent, to a record 226,700 tonnes, compared to the same period last year.

“Australia is a great threat … and the threat increases the longer it takes for the (trade ban) to be lifted,” said Takemichi Yamashoji, of the Tokyo office of the U.S. Meat Export Federation.

Brazil has also benefited. Its beef exports to all locations rose to a record 170,000 tonnes in July, up 58 percent from the same month in 2003.

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