Beef processors are expected to maintain high prices for finished cattle throughout next year, driven by strong overseas demand for Australian beef.
This demand is anticipated to yield above-average profits for abattoirs in 2025, with processors already planning to reinvest and expand their operations.
Red-hot overseas demand for Australian beef will deliver 2025 abattoir profits above the long-term average.
Author's summary: Beef processors invest profits in expansion and upgrades.