Australian beef producers optimistic for 2025
Confidence is strong
Producer sentiment has significantly improved compared to 2023. Over half of producers (56%) feel positive about the industry’s future. Confidence is shared nationwide, with better weather and stable prices boosting optimism, particularly in NSW (nett sentiment +51) and Queensland (nett sentiment +59).
Producers reported a much more positive outlook for the cattle industry in the next 12 months. Nett sentiment has improved some 36 points over the same measure in the November 2023 survey (now +47 compared to +11 in 2023).
Breeding and selling plans
Overall, 45% of producers are looking to increase their beef cattle herd, with northern producers (50%) taking the lead. Out of these producers, 36% of them intend to rebuild their herd, with their intended methods being
Australian grassfed cattle producers are optimistic about 2025, focusing on rebuilding and improving the quality of the cattle herd.
Herd growth expected
Cattle producers across Australia plan to increase their grassfed beef herds by 6% next year. This will be an increase from 28.5 million cattle in 2024 to 30.2 million in 2025. Stronger growth is forecast for northern producers (7%) compared to southern producers (4%). Drivers include restocking after recent challenges, expanding operations and confidence in good seasonal conditions.
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