Another year of positive pricing forecast for red meat exports
Another year of positive pricing forecast for red meat exports
Another year of positive pricing is coming for beef and lamb. Simon Quilty of Global Agritrends says cattle have another 50c a kilo of upside to October next year.
“Next year for lamb in particular is what I would call rinse and repeat,” he says.
A 30% United States tariff would take $1 a kilo off next year’s lamb peak, and global slaughterings are forecast to fall 15% over 2027 and 2028 as cattle cycles rebuild.
He says Australia shipped only 700t to India last year, a price-sensitive market.
“My advice is to keep your powder dry.”
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