US Beef Demand Exceeds Australia's Expectations
by Shan Goodwin, North Queensland Register
Posted: 2018-02-14 15:46:03 EST

AUSTRALIAN beef’s competitive window in the United States is firmly open with local prices gaining and demand drivers for 2018 looking solid.

While the recovery of the US herd and corresponding surging beef supplies has created angst in other key export destinations for Australian beef, the strength of the US market itself has surprised many.

The 30-year per capita beef consumption decline in the US has made a sharp turnaround in the past 18 months, notching up a 4 per cent increase last year, with the United States Department of Agriculture (USDA) forecasting more growth to 2020.

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