Australia’s beef export volumes just keep on growing and in August they were at their largest in four years, reaching 102,000T. Australia has so far exported 678,000T of beef globally, 113,000T more than last year. Production has been at record highs as drought conditions are being experienced in Western and Eastern Australia. The outlook is showing no signs of relief with El Nino on the cards, therefore producers have little option but to offload. AGRI HQ Analyst Mel Croad says for the past two months, the Eastern States cattle kill has totaled 940,000 head – nearly 200,000 head more than last year for the same period. Just over 3,644,000 cattle have been slaughtered this year so far which is double what New Zealand has processed this year at 1,8 million head.
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