MLA analysis shows Australia is on track to achieve record beef production of 20.79 million tonnes in 2025, produced from fewer cattle than previous peaks, highlighting long-term efficiency gains across genetics, feeding systems and on-farm productivity
According to MLA senior market information analyst Emiliano Diaz, the results underline the strength of Australia’s red meat supply chain in a challenging global environment.
“What we’re seeing in 2025 is a highly efficient, market-responsive industry that continues to add value from fewer animals,” Mr Diaz said.
“Larger average carcase weights and better productivity are allowing Australia to deliver record volumes of high-quality beef to global markets, even amid significant trade and weather volatility.”
The report highlights international trade uncertainty as a defining backdrop for 2025, with United States tariffs, shifting global trade flows and increased South American competition.
However, Australia’s trade diversification and reputation for safety, reliability and quality continue to underpin demand and support prices.
Across the sheep sector, lamb prices reached record highs in 2025, despite production remaining relatively robust, while structural changes in flock composition continue as producers prioritise meat breeds over wool.
The report also identifies record goat production, with slaughter numbers likely to surpass last year’s high, supported by growing demand from markets including South Korea, China and Canada.
Weather patterns remain a critical influence, with favourable conditions in northern Australia supporting herd rebuilding, while drought conditions in southern regions continue to shape supply and pricing dynamics.
“Producers have shown remarkable adaptability in responding to highly variable seasonal conditions,” Mr Diaz said.
“That flexibility, combined with ongoing investment across the supply chain, is key to maintaining competitiveness into the future.”