AUSTRALIAN beef exports in August have hit a three-and-a-half year high, driven mostly by rapidly deteriorating seasonal conditions forcing more cattle to market.
Not since December 2019 – 44 months ago, towards the end of the continental scale drought – have monthly beef exports been this large.
Total beef exports to all destinations last month reached 102,351 tonnes, the largest number seen since December 2019 (115,688t), and the first time in recent memory the number has hit six figures.
Last month’s export volume was up a further 5000t or 5pc on July, which itself was the…
