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Australian beef production forecast to nearly match last year's record, despite cost pressures.
Australian beef production is expected to nearly match last year's record levels, with breeder numbers returning to normal.
The National Young Cattle Indicator is projected to trade between 360 and 425 cents per kilogram this year, marking a 23% increase from 2024.
This boost in beef prices is anticipated to raise farm cash income, despite rising costs.
However, concerns about processor bottlenecks and capacity issues in Queensland have been raised, particularly if seasonal conditions change.
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Se pronostica que la producción de carne de res australiana casi igualará el récord del año pasado, a pesar de las presiones de costos.