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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 Goodwin2023/07/28過去の中立なレポートイベント78件の後、生牛 は5営業日で中央値 +0.2% 動き（54% が上昇。中央50%は -1.0% から +1.0%）、20営業日では +0.7% 動きました。
イベント直前の終値からの各商品ベンチマークの動き。過去の傾向は同種の過去イベントをまとめたものであり、起きたことを示すもので、今後を示すものではありません。投資助言ではありません。
