Angus cattle dominate market as Herefords fall out of favour
The Australian cattle industry is seeing a shift in breed preferences, with Angus cattle gaining popularity and Herefords declining. Stephen and Jodi Peake are selling off their entire Hereford herd after six decades of breeding them in north-west New South Wales.
Australia's cattle industry is witnessing a significant shift in breed preferences, with Angus cattle surging in popularity and Herefords declining. The trend is evident in the decision of Stephen and Jodi Peake, who are selling off their entire Hereford herd after six decades of breeding them in north-west New South Wales.
The Peakes' decision is reflective of a broader trend in the industry, with Angus cattle becoming increasingly dominant. According to market analyst Charles Boog, based on available information, Angus beef has become the leading breed in the market.