Australia: Livestock and Products Semi-Annual

Australian beef production and exports are forecast to reach record levels in 2025, building on the record export results achieved in 2024. This situation is similar to 2014 and 2015, when strong U.S. demand was driven by herd rebuilding leading to similar peaks in beef production and exports for Australia. The projected record production and exports for 2025 are largely due to an elevated female slaughter rate. While live cattle exports are expected to remain relatively stable in 2025, competition from Brazil may pose a potential disruption. In the pork sector, Australian production is projected to grow by four percent in 2025, marking the fourth consecutive year of expansion. This increase in production will help meet rising domestic demand, fueled by a growing population, while exports are also expected to rise.