Just two weeks after a massive stockpile of discounted US beef hit the Korean market Australian beef sales have experienced a remarkable increase in the face of fierce competition.
On average, retail sales of Australian beef in Korea have increased by around 25 percent during the period.
Meat & Livestock Australia’s regional manager in Korea, Glen Feist said the return of US beef to the Korean market had triggered a surge in overall demand for beef at the expense of other proteins such as pork and seafood.
