Blog Post

Rabobank beef outlook: Australia’s cattle breeding herd “almost back to normal”

  • EYCI forecast in 700c-800c/kg cwt range for 2023
  • Price spread between restocking cattle and finished cattle to narrow
  • Domestic consumption to fall 1.6pc
  • US provides “possibly the more likely opportunities for export growth”

AUSTRALIA’S beef sector is set for a return to “more normal” market conditions in the season ahead, after a recent extraordinary period marked by record prices levels and volatility, according to Rabobank’s Australian Beef Seasonal Outlook 2023.

Angus Gidley-Baird

But while prices are projected to track in a narrower range – at close to current levels…

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