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MLA: Global beef demand will fall only 1% in 2020

22/07/2020

In the US, cattle slaughter is now above last year’s levels but  processors are facing a large backlog of overfed cattle still on feed and on pasture.

Cattle slaughter in New Zealand has improved and outlook for the rest of 2019-20 season is positive, with strong international demand for red meat led by China, said MLA.

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