# Beef demand strong but competition resurgent | Meat & Livestock Australia

> Meat & Livestock Australia reports strong global beef demand, with US beef supplies recovering after a May contraction and Brazilian shipments unaffected. African swine fever is supporting meat demand, while competition in Japan and Korea is expected to rise.

- Date: 2020-07-02 · published 2020-07-02T12:00:00.000Z
- Category: market · region Global · magnitude low
- Page: https://feedsoft.ai/events/52057-beef-demand-strong-but-competition-resurgent-meat-and-livestock-australia
- Commodities: [Live Cattle](https://feedsoft.ai/c/LCATTLE.md), [Lean Hogs](https://feedsoft.ai/c/HOGS.md)

## Why it matters

Stronger demand for beef and competing supply from the US and Brazil shape export prices and cattle values in exporting countries.

## Read by commodity

- HOGS: bullish ▲
- LCATTLE: neutral

## Sources

- mla.com.au: https://www.mla.com.au/prices-markets/market-news/2020/resilient-global-beef-demand-but-resurgent-competition-reflected-in-trade/

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