ANZ flags firm Australian beef prices amid China quota shock and herd rebuild signals

Reuters
2 hours ago
ANZ flags firm Australian beef prices amid China quota shock and herd rebuild signals

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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