WINDS of change are sweeping through the domestic retail beef competition space, driven by the abundance of substantially cheaper livestock and meat available in the supply chain this year.
As readers are acutely aware, livestock prices for both slaughter and feeder cattle have declined dramatically since the start of 2023, due to turnoff as a result of rapidly drying seasonal conditions, combined with flat international beef demand due to economic and cost-of-living headwinds. Only adding to that challenge has been the limitations in Australian processing capacity imposed by the lack of…
