April 2024
This edition provides a consolidated summary of longer-term economic and industry forecasts, as well as analysis of processor input costs. The focus of our insights will change to reflect recently released data and current issues impacting our industry.
Key takeaways
- Recovering Australian and international economy
- Slaughter throughput will continue to increase in 2024 subject to labour availability
- Declined US beef production to reduce exports and increase imports, both creating opportunities for Australian product
- Rise in processor input costs exceeding CPI