In the Japanese wholesale market this week, the trade noted easing demand for US chilled beef, with the summer grilling season slowly coming to an end. While the 30 months protocols change is on the horizon, end-users are now cautious about the anticipated price rise for US shoulder cuts, as the supply of beef under the current protocols (20 months or younger) becomes seasonally tighter.
Wholesale prices of US chilled beef remained unchanged from last week, on the back of some increases of Australian grassfed prices, assisted by tight supplies.
Australian beef export trade with Japan continued to be sluggish this week, with shipment volumes as of 17 September totalling 13,507 tonnes swt (DAFF
Source: Argentine Beef Packers S.A.
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