Prospects of More EU Beef Quota
AUSTRALIA - Australian beef exporters could soon see their quota of exports to the EU increase by 20,000 tonnes.
9 July 2009
1 minute read
The move follows the negotiations between the EU and US for a bilateral agreement to allow more than 80,000 tonnes of beef onto the EU market.
According to a report on ABC, Meat and Livestock Australia has indicated that indicated countries other than the US may also have the right to bid for a part of the quota.
The new quota applies to high quality beef, grain-fed for at least 100 days and conforming to a government grading system.
MLA says that Australian beef producers will meet the quota requirements and the as the feedlots are not working to capacity, the prospect of an extra 20,000 tonnes in exports would be welcome.
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