Weekly protein digest: Australia rebuilds beef herd and Ukraine faces an uphill battle

Published 2020년 9월 11일

Tridge summary

The Australian and New Zealand beef industries are recovering from significant setbacks due to droughts, with Australia expected to see a rebuilding of herd numbers and record cattle prices in 2021, leading to reduced slaughter, production, and exports. New Zealand's beef market is also expected to recover, with increased adult cattle slaughter and higher beef production forecasted for 2021. In contrast, Ukraine's cattle inventory and beef production are anticipated to decline due to inefficient red meat production and the impact of African swine fever, although beef exports are expected to remain strong. Additionally, the article discusses the advertising trends for dairy products in the US, noting an increase in conventional dairy ads and a decrease in organic ones, with conventional ice cream and milk seeing the most advertisement.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Read the latest global cattle industry updates from Jim Wyckoff. The Australian beef industry has entered into a phase of major herd rebuilding after being decimated by the severe impacts of a two-year drought in 2018 and 2019 across much of the beef producing region. This rebuild is expected to be in full force in 2021. Widespread rains in Australia since the start of 2020, and forecasts for above-average rainfall in coming months, have triggered strong re-stocker demand and raised cattle prices in Australia to record levels. Because of this situation, FAS/Canberra forecasts lower cattle slaughter, cattle exports, beef production, and beef exports in 2021. New Zealand beef production and beef exports are expected to recover somewhat in 2021 from lower levels caused by severe drought in early 2020. This drought covered much of the country from January through May and was rated in some regions as being as severe as any drought experienced in a generation. However, since May ...

Source: The Cattle Site