31 May 2021 --- Many regions across the globe are currently experiencing either high cattle livestock prices or high beef prices. While there are some common factors, such as strong demand from China, local drivers are arguably more important in beefing up these record values.These findings are according to Rabobank’s latest report on the global beef market for the second quarter of the year which details high demand for beef in the US, while the Australian beef cattle herd being at its lowest point in over 30 years.
