AUSTRALIA is in the running to be this year's biggest global beef exporter.
Australia is narrowly ahead of production powerhouse, Brazil, and the US, which has re-entered the race this year due to crippling drought and widespread culling.
From January to the end of August, Australia exported 611,605 tonnes (shipped weight) of beef, while the US shipped 592,588 tonnes and Brazil 535,727 tonnes, Meat and Livestock Australia reported.
Analysis takes into account monthly chilled and frozen beef and veal exports only.
A rising middle class in Brazil and strengthening currency were the main reasons for its decline in the export stakes.
Last year, Brazil took out the title, shipping a total 951,225 tonnes compared to Australia's 922,833 tonnes.
However, last financial year, Australian exports accounted for 64.8 per cent of national production while Brazilian exports (including fresh product) accounted for just 20 per cent of total production.
In the US, exports traditionally represent less than 10 per cent of total production; a benchmark that looks set to be readjusted this year.
And, while most of the extra product has gone to major US markets, Canada and the US, an increase in US product in markets such as Japan and Korea continues to create headaches for Australian exporters.
