THE US Department of Agriculture has forecast a strong rebound in Australian beef production and exports next year, as Australia continues to recover from severe drought in 2019-20.
USDA’s Foreign Agricultural Service compiles a set of forecasts on major beef producing and consuming countries each year through the Global Agriculture Information Network database. About 2000 reports are added each year.
The Australia report provides a useful precursor to Meat & Livestock Australia’s annual industry projections, due in January.
The latest FAS analysis of Australia issued last week…
