Australia Lifts Beef Export Forecast As Farmers Cull Herds Due To Dry Weather
Australia on Tuesday raised its forecast for beef exports in 2018/19 by more than 4% after dry weather wilted pastures in the country's east, forcing farmers to slaughter cows in near record volumes.
Australia's chief commodity forecaster said beef exports during the 2018/19 season would total 1.15 million tonnes, up from the 1.11 million tonnes it estimated in March.
Try European Supermarket Magazine PREMIUM – 30 Day FREE Trial.
A trial subscription gives unrestricted access to all premium site content, app content, weekly email content and European Supermarket Magazine digital edition for a full 30 days. Try it now!