Australian beef herd rebuild expected to continue in 2023 - GAIN report
15 March 2023
1 minute read
By: According to a recent USDA GAIN report, the Australian cattle industry is expected to continue its strong herd rebuild in 2023 and Australian beef supply is expected to recover after falling to the lowest level in twenty-five years in 2021 and in 2022.
With the support of increased female slaughter, it is expected that overall cattle slaughter, beef production, and beef exports will all rise in 2023.
The live cattle export trade is also forecast to increase in 2023 as a result of improved trading conditions with Australia’s major trade partner.
