Blog Post

JBS manager says customers are spending less on beef

Jason CarswellTHE manager of JBS’ Australian feeder cattle supply says inflationary pressures and increasing interest rates are starting to have an impact on domestic and global demand for beef.

Jason Carswell last week made a presentation to the Australian Brahman Breeders’ Association conference in Brisbane, highlighting the state of play with the world’s largest meat processor. Staff shortages, global beef demand and cattle prices were all topics.

Mr Carswell said the Reserve Bank of Australia increasing the cash rate had an immediate impact on the domestic market.

“Consumer…

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