Beef producing countries like Australia, Canada, New Zealand and Mexico are gaining greater access into Japan thanks to lowered tariffs, giving those exporters a significant advantage over U.S. beef producers.
It is estimated that anywhere from 300,000 to 500,000 cattle were killed in Australia during what has been described as a once in a lifetime flood.
Having a large commercial feedlot component of the beef sector is mostly still the domain of just a few countries, led by the U.S.
Growing demand for goat meat in the U.S. from ethnic minority groups and foodies has made an unlikely export superstar for Australian farmers, with exports surging to a record.
Dangerous drought is causing some Australian farmers to make difficult decisions about their livestock.
Uncertainty in trade agreements have four of the five top beef markets in jeopardy.
Australian ranchers are breathing a sigh of relief after China lifted an import ban on Australian beef that lasted three months.