ANALYSIS: Australia's July 2024 Beef Exports Skyrocket to All-Time Highs
Australia's beef and veal exports skyrocketed to an all-time high of 129,998 metric tonnes (mt) in July 2024, according to the latest data from the Department of Agriculture, Fisheries, and Forestry (DAFF).
Despite the July figures sitting just 2 mt shy to cross the 130,000 mt mark, they surpassed the last record highs of 123,464 mt that the industry witnessed in May 2015 during the drought season. The key driver factor was the undersupplied United States (US) market, whose herd contraction woes sent buyers seeking out Australia’s...
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