ANZ analysis says Australia’s beef sector is entering 2026 with firm saleyard prices despite floods, bushfires and uncertainty from China’s new beef import quota. Prices are running about 110–120c/kg liveweight above a year ago, while the national female slaughter rate has dipped below the 47% threshold, signalling early herd rebuild conditions. ANZ notes China’s 2.6 million-tonne 2026 quota and steep out-of-quota tariff could reshape global trade and reduce Australia’s access, even as domestic supply is expected to tighten and support prices through the year.
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