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On The Land
15 October, 2024
Record global beef production
THE first half of 2024 was stronger than had been expected in global beef markets, with record production, export and import volumes in certain key countries, Rabobank says its recently-released Global Beef Quarterly.
Meanwhile, Australian beef production has remained high and exports hit new records as cattle prices have started to lift, the agribusiness banking specialist says in the quarter three report.
Report lead author, RaboResearch senior animal proteins analyst Angus Gidley-Baird, said beef markets had seen record production and exports in Brazil in quarter two, while China had a record volume of imports in the first half of the year.
RaboResearch senior animal proteins analyst Angus Gidley-Baird.
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