Record volumes of grainfed exports explain global maximums

Record export volumes are being achieved with far fewer cattle than in prior records set in 2014-15, when the processing industry was at full pace due to drought liquidation and prior records. “Clearly heavier carcass weights and more grain feeding are more than offsetting larger slaughter numbers”, said Beef Central.

Grainfed exports have set another monthly record in July, reaching 42,985t after hitting almost 40,000t back in June.

Year to date, Australian grainfed exports are now at 246,249t, almost 35,000t or 16pc higher than last year’s previous record.