According to Meat & Livestock Australia (MLA), that country is forecast to produce a record 2.79 MMT of beef in 2025. This is a large turnaround after drought, financial pressures, and animal welfare regulations had pressured the industry. For the near term, Australia is boosting exports to make up for fewer cattle in the U.S. and Brazil. The herd is stable at 31 million head, with slaughter forecast to rise 8.6 percent to 9.02 million head in 2025. Carcass weights are expected to remain stable at 309.5 kg (682 pounds) per head. This stability is underpinned by a strong proportion of grain fed cattle in the slaughter mix. In the end, Australian exports are forecast up by 19 percent.
Australia continues to capitalize on glo...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Total Red Meat & Poultry September 2026 total red meat and poultry stocks totaled 1.97 billion pounds, down 1.4 percent from August despite typically increasing 0.8 percent during the month, and were 1.5 percent below September 2025 levels. The decline pushed total inventories to a new five...
