BEEF 2024 ROCKHAMPTON AUSTRALIA MAY 5-11
Global delegates interested in Australia’s beef industry will get a taste of the country’s leading technologies, genetics, products, and services at Beef Australia’s premier beef expo, Beef2024.
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AUSTRALIA’S RED MEAT INDUSTRY UPDATE
The red meat industry Australia’s red meat and livestock industry makes a significant contribution to the Australian economy. Australia’s red meat and livestock industry’s turnover totalled $67.7 billion in FY2020–2021, accounting for approximately 1.7% of Australia’s total key industry turnover(1). Industry turnover is defined as income generated by businesses within the industry from the sales…
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BEEF AND VEAL CATTLE PRICES TO RISE WITH HIGHER RESTOCKER DEMAND AND LOWER TURN OFF
Key points Value of beef, veal and live cattle production to rise by 25% to $15.7 billion in 2024–25. Value of beef and live cattle exports to increase by 6% to $13.0 billion in 2024–25. Beef export prices to rise in 2024–25. Saleyard prices expected to rise in 2024–25, reflecting increased restocker demand. Value of…