AN estimate in Meat & Livestock Australia’s 2023 industry projections released last week suggesting the national beef herd will grow this year to 28.8 million head has raised some eyebrows around the beef industry.
A number of stakeholders have queried the size of the herd increase figure with Beef Central, convinced that it is over-cooked – especially given that the beef herd hit 30-year lows only two or three years earlier due to drought.
One large processor said export beef customers inevitably noted such statistics, and could come back to ‘kick us in the pants’ in price…
