Australian grainfed beef soars to global all-time demand high
Larger markets continue to underpin the high volume, but Southeast Asia is fast emerging as a key driver of Australian export growth. Notably, exports to Thailand increased 105% year-on-year with 6,489 swt.
Global consumers demand Australian grainfed beef
Appetite for Australian grainfed beef continues to rise, likely due to increased affluence in markets like Greater China and Southeast Asia, along with interest from Japan and Korea.
The diversity of Australian products, which range from those with less than 100 feed days to highly marbled long-fed Wagyu, in addition to the product’s quality and safety credentials, is making Aussie beef a strong global competitor.
With the United States’ (US) beef supply remaining tight, Australian grainfed beef is able to meet demand from fast food chains to premium steakhouses across international markets.
What’s next for Australian grainfed sector?
The Australian feedlot sector’s strong performance is evident in various data, including increased production in March, high feedlot utilisation in NSW and Queensland, and the re-introduced days-on-feed segmentation to the quarterly feedlot surveys.
Combined with unprecedented export records in FY2024–25, these figures demonstrate confidence for the sector to meet increased global consumer demand in FY2025–26.
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