CHANGE, confidence and cyclicity will be remembered as the hallmarks of the Australian cattle industry in 2023, Meat & Livestock Australia says in its 2023 cattle market year in review issued today.
Compared to 12 months ago, the industry is in a very different but similarly positive state, analyst Ripley Atkinson said.
“The industry has changed from the lofty price period of 2020–2022. The cyclical nature of the herd has reached its maturity stage and ever-changing confidence and sentiment has genuinely dictated market performance in the face of typical supply and demand…