# Weekly protein digest: Australia rebuilds beef herd and Ukraine faces an uphill battle

> Australia is rebuilding its beef herd after a two-year drought in 2018 and 2019, and cattle prices have reached record levels on strong restocker demand. FAS forecasts lower Australian slaughter, exports and production in 2021, while Ukraine's cattle inventory and beef output are expected to decline.

- Date: 2020-09-11 · published 2020-09-11T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/51072-weekly-protein-digest-australia-rebuilds-beef-herd-and-ukraine-faces-an-uphill
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md)

## Why it matters

Tighter Australian beef and cattle supplies in 2021 should keep global beef and feeder prices firm, and Ukraine's expected decline adds to the tightening.

## Read by commodity

- LCATTLE: bullish ▲

## Sources

- tridge.com: https://www.tridge.com/news/weekly-protein-digest-australia-rebuilds-beef-herd

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.