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Australian beef exporters say the US herd rebuild is taking longer than expected, which is keeping demand and prices weak in key markets. USDA's July livestock trade report raised its US beef production forecast by 1.4% to 12.4 million tonnes.
US exports have been higher than expected, which has temporarily reduced demand for Australian beef.
Higher US beef output and exports compete with Australian beef in the short term and weigh on prices. Analysts expect a tighter global beef supply later, which could support prices over the next three to five years.
farmonline.com.auShan Goodwin28.07.2023Nach 78 vergangenen Ereignisse (neutral, Bericht) bewegte sich Lebendrinder im Median über 5 Handelstage um +0,2 % (54% höher; mittlere Hälfte -1,0 % bis +1,0 %) und über 20 Handelstage um +0,7 %.
Veränderungen des Benchmarks jedes Rohstoffs seit dem letzten Schluss vor dem Ereignis. Historische Werte bündeln frühere Ereignisse derselben Art; sie beschreiben, was passiert ist, nicht was passieren wird. Keine Anlageberatung.
