ANALYSIS: Australia’s May 2026 Beef Exports Smash Records Before Safeguard Windows Slam Shut

Australia’s outbound beef shipping momentum shattered all historical precedents in May 2026, with total export volumes skyrocketing to an all-time record high of 152,438 metric tons (MT), according to the latest trade data from Australia’s Department of Agriculture, Fisheries and Forestry (DAFF).

This performance officially surpassed the previous all-time record high of 150,435 MT set in July 2025 by exactly 2,003 MT.

The DAFF figures showed that May volumes surged 8.2% month-on-month (MOM), adding an extra 11,495 MT over April's shipments...

ANALYSIS: Korea’s Australian Beef Safeguard Quota Hits 75% Threshold

Australian beef imports have exhausted three-quarters of the 2026 Korea-Australia Free Trade Agreement (KAFTA) safeguard quota, according to Korea Customs Service data.

As of May 15, approximately 48,635 metric tons (MT) remain available at the preferential 5.3% tariff rate.

The drawdown has maintained high velocity throughout the first quarter. Korea’s customs data showed that the end of March 2026 consumed 59.64% of Australia’s 2026 allocation...

ANALYSIS: US Imported Beef Suppliers Brace to Face New Playing Field as Policy Shifts Loom

The White House has announced a dual-track strategy to address the tightening United States (US) beef market, proposing executive orders to increase imports while supporting a rebuild of the domestic cattle herd.

However, while signings were originally anticipated for Monday, the plans have been placed on a reported pause. The administration is said to be fine-tuning the measures to address constituent concerns.

The Grinding Gap

ANALYSIS: Korea’s 2026 KAFTA Quota Drawdown Accelerates as Australian Beef Flows Surge

While China’s safeguard has dominated headlines for weeks, Korea’s safeguard quota for Australian beef is quietly racing toward early exhaustion.

Korea’s customs import data showed that January 2026 alone consumed 23.6% of Australia’s 2026 allocation. By February 19, 45.42% of the allocation had already been used, leaving 107,005 metric tons (MT) remaining.

Korea’s Special Agricultural Safeguards (SSG) under the Korea-Australia Free Trade Agreement (KAFTA) is set at 196,050 MT for 2026, with the in-quota tariff reduced 2.7 percentage points from last year to 5.3%...

ANALYSIS: Korea Logs Highest-Ever Monthly Beef Imports at 87,162 MT in January 2026

Korea’s beef imports surged to an all-time high of 87,162 metric tons (MT), according to the Korea Customs Service.

Surging by 39.8% year-on-year (YOY), the world’s fourth-largest beef importer saw gains totaling 24,809 MT across all key suppliers except for Canada.

On a monthly basis, volumes soared nearly eightfold, reversing four months of consecutive falls, as volumes climbed 68,923 MT. It is standard practice for importers to park cargo at ports or in bonded warehouses to take advantage of lower tariff rates when the new quota year resets on January 1...

ANALYSIS: Solid Start to 2026 as Australia’s January Beef Exports Soar

Australia kicks off 2026 with an in-month record January beef exports of 84,343 mt metric tons (mt), according to the Department of Agriculture, Fisheries and Forestry (DAFF).

January has historically been a softer month, with holiday closures and weather disruptions curbing export volumes. Lunar New Year preparations normally weigh on trade, but this year’s mid-February festivities pushed back logistical hurdles, leaving January’s decline milder than expected.

Outbound volumes fell 42.8% month-on-month (MOM) by 63,189 mt but rose 4.1% higher year-on-year (YOY)...

ANALYSIS: Growing Demand Lifts Korea’s Total Beef Imports 1.5% YOY in 2025

Korea's total beef imports in 2025 rose by 1.5% from a year ago to 468,122 metric tons (mt), according to the Korea Customs Service.

The world’s fourth-largest beef importer reversed its 2024 slump with annual imports rising by 7,094 mt year-on-year (YOY).

The recovery was driven by weaker domestic Hanwoo production and a demand boost from the government’s "livelihood recovery consumption coupon" program, launched on July 21, which lifted household beef purchases...

ANALYSIS: New Zealand’s Oct 2025 Beef Exports Hit Five-Year Trough as Output Cuts Back

New Zealand’s beef exports in October 2025 fell to the lowest level in five years, shedding for the fifth straight month at 25,581 metric tons (mt), according to the latest data from Stats NZ.

Sinking to the lowest level since October 2020, outbound shipments fell another 4.9% month-on-month (MOM) or 1,314 mt lower.

The decline was driven by lower shipments to the United States (US), China, Japan, and Korea, while shipments to Canada and the United Kingdom (UK) recorded strong gains...

ANALYSIS: New Zealand’s July 2025 Beef Exports Dips to 9-Month Lows at 37,023 mt

New Zealand’s beef exports in July 2025 fell to the lowest level since October 2024, coming in at 37,023 metric tons (mt), according to the latest data from Stats NZ.

Outbound shipments fell for the second straight month by 13.6% or 5,850 mt compared to June 2025 across all key destinations including the United States, China, Canada, Japan and Korea. Export volumes were mainly capped by lower cattle slaughter and seasonal lows.

On a year-on-year (YOY) basis, volumes slipped 4.1%...

Product Showcase Connects US Meat Exporters with Buyers from Across Latin America

Ag industry leaders also meet buyers, learn about the cuts and variety meat items in demand in Latin America and take a retail tour in Guatemala City.

USMEF conducted another highly successful Latin American Product Showcase, connecting U.S. red meat exporters with dozens of prospective buyers from Central and South America. Held July 30-31 in Guatemala City, the 13th edition of the showcase featured 67 exhibitors and representatives from more than 80 USMEF member companies. With prospective buyers participating from 18 countries...

ANALYSIS: Australian Beef on Verge of Korea’s Safeguard Trigger, as 1H 2025 Imports Up 4.2% YOY

Korea’s beef safeguard on Australian imports is set to kick in weeks earlier than last year, as firmer buying in the first half of 2025 leaves little quota space before higher tariffs take effect.

Beef is Australia's biggest agricultural export to Korea. As of Aug. 11, Australia had filled 87.3% of its annual Special Agricultural Safeguards (SSG) limit, leaving 24,408 mt before hitting the ceiling, according to Korea Customs Service.

Most market players anticipated the safeguard would be triggered...