THE impact of heavy beef herd reduction in the US due to the effects of devastating drought this year is likely to have a profound impact on global beef supply next year, delegates at the BeefEX conference in Brisbane heard last week.
US beef exports have exploded this year, driven by the extreme high rates of kill as desperate producers turn off stock due to lack of feed and water.
Recent data compiled by the US Meat Export Federation showed US beef exports in August totalled 133,832 tonnes – close to double Australia’s export tonnage, and the second-largest US monthly volume on…