In Australia the herd recovers thanks to rains brought by La Niña

Published 2022년 12월 19일

Tridge summary

La Niña has brought beneficial rains to Australia, aiding its livestock sector and preventing animal deaths and herd liquidation, in contrast to the historic droughts in the United States that have forced herd reductions. The US bovine inventory is projected to drop by 3% in 2023, and the country may seek to offset this through imports, potentially providing export opportunities for Australia. Australia's beef production sector could see recovery due to increased rainfall, which has led to a rise in herd numbers. The risk of foot-and-mouth disease entering Australia from Indonesia has lessened due to expanded vaccination programs and improved biosecurity measures.

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

Original content

While La Niña has caused historic droughts in the United States, in Australia the rains it has brought have been beneficial for the livestock sector. In the oceanic country, the rains have allowed a greater availability of food, avoiding the death of animals and the liquidation of the herd. As we noted in a previous note, in the US 2022 will be remembered for the historic droughts that forced the herd to liquidate. From 2018 to 2022, the bovine inventory in the northern country has lost close to 3 million head, reaching 29.6 million in 2022. Rabobank forecast that four years of deep herd liquidation and minimal heifer retention in the US due to drought would take its toll on beef production. US production will fall by 3% in 2023, or between 400,000 and 500,000 tons per year. The United States will look to the global marketplace to fill this gap through imports, creating greater export opportunities for others, including Australia. (Read: Inventory of cattle cattle in the United ...

Source: MXContexto