NEWS & TRENDS

NEWS & TRENDS

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 beef production over the medium term to fluctuate with changes in seasonal conditions.

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