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U.S. beef overtakes Australian beef in South Korea

Staff Writer | October 31, 2016
The United States has become South Korea's largest source of beef imports in October as more consumers prefer American products as an alternative to the expensive local supply, U.S. quarantine data showed.
U.S. beef
Meat trade   According to the U.S. Meat Export Federation:
South Korea imported a total of 10,551 tons of American beef from Oct. 1-20, surpassing Australian imports of 8,382 tons over the same period, according to the data compiled by the U.S. Meat Export Federation (USMEF).

The monthly imports of American beef first beat Australian in August, but the trend reversed in the next month.

South Korea halted imports of U.S. beef in 2003 in the wake of a mad cow disease outbreak and lifted the ban in late 2008, which led to mass demonstrations among people in fear of their safety.

Although American beef's market share fell behind other imports in the early years of resumption, it has growingly emerged as a popular alternative to expensive local beef over the past few years.


 

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