El Niño Dries Australian Grass and Sends Cattle to Slaughter

StoneX6 hours ago11:14

El Niño hits Australian beef by cutting rainfall and grass growth, pushing producers to sell more cattle and lifting slaughter and beef production. Ripley Atkinson, StoneX Australia Meats & Livestock Manager, explains how El Niño shapes producer confidence, cattle sales and the Australian herd cycle. In 2015, with the herd cycle at a similar stage, El Niño delivered 37-year highs in Australian cattle slaughter and record beef production. U.S. and Brazilian ranchers tend to retain cattle under El Niño, while heavier female sales raise the risk of Australian cattle herd liquidation and lower beef exports in 2028 and 2029. Discover Actionable Meats and Livestock Insights with StoneX Market Intelligence: https://shop.stonex.com/products/australian-cattle-beef-market-report?utm_source=youtube&utm_medium=social&utm_campaign=sxtv_guest_ripley_atkinson&utm_content=share 00:00 - El Niño Meets Australian Beef 01:05 - Australia Gets the Cool Water 02:33 - Cattle Confidence Cracks Early 04:11 - 2015's 37-Year Slaughter High 05:14 - Less Grass, More Cattle Sold 06:52 - U.S. and Brazil Keep Cattle 07:49 - Fewer Cows, Fewer Beef Exports Like and subscribe for more financial market insights. #StoneX #ElNino #RipleyAtkinson #Cattle --------- Like this video? Subscribe and turn on notifications so you don't miss any videos from StoneX: https://www.youtube.com/@StoneX_Official Visit https://www.stonex.com/en/insights/thought-leadership/?utm_source=youtube&utm_medium=social for insights, perspectives and thought leadership from StoneX's global network of experts. Visit our website: https://www.stonex.com?utm_source=youtube&utm_medium=social