Beef exports are at record-breaking levels and rising
Beef producers are flat out keeping up with the high demand for Aussie beef with many world markets clambering for our product A combination of stronger global beef markets, favourable seasonal conditions in key beef-producing regions and higher local cattle inventory is supporting record-breaking production volumes, according to a research report by agribusiness banking specialist […]
Cattle market is in balance with price upside potential ahead
With the Bureau declaring El Niño is over it’s expected beef prices will be relatively stable in 2024 trading in a band between 600 to 750c/kg cwt The cattle market is sitting in a “state of balance” – with improved beef production waiting on an increase in demand – while an upside in prices is […]
Record global beef prices driven by increased demand and reduced supply
The global beef market is being described as “very tight” with Chinese demand steady and the giant American food service industry awaking from its slumber