Beef Processors' Profit Allocation
Beef processors are expected to maintain high prices for finished cattle throughout next year, driven by strong overseas demand for Australian beef.
This demand will likely result in above-average profits for abattoirs in 2025, with processors planning to reinvest and expand their operations.
- Accommodation for workers, including caravan park expansions and house leases
- Environmental management upgrades to increase turnover
- Ventures into renewable energy
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 expansions and upgrades.