Burger Hunger Drives Dairy Demand
The dairy cow indicator price is 34 per cent higher than the same time last year.
And it’s mostly due to increased demand from the United States for lean beef to go into their burger meat blends.
The Meat and Livestock Australia dairy cow indicator lifted 22c/kg for the week to 302c/kg liveweight – up 64c/kg in a month and 78c/kg higher than the same time last year.
The processor cow indicator lifted 5c/kg to 309c/kg liveweight, which was supported by a 20c/kg lift in Victoria.
Meat and Livestock Australia market analyst Emily Tan said cows, especially leaner cows, were prioritised by processors over other types of cattle...
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