Grassed up northern buyers chomping at the bit as La Nina continues to flex are keeping their cards close to their chest heading into the big January southern weaner sales. Their influence could be enormous. Equally, red hot demand from southern restockers looking to replenish paddocks is creating a forecast price range for young cattle.
WHAT began out of pure necessity just to stay in farming has become one the country’s most successful agribusiness ventures that is chipping away at disrupting the boom-and-bust cycle of cattle production. When drought, bushfires and rock-bottom cattle prices threatened to wipe out Bianca Tarrant and Dave McGiveron’s dreams of being beef producers, they launched.
Emerging markets in North America and Korea are signalling an undeniable appetite for Australian lamb as consumption trends continue to grow for what was traditionally looked upon as a niche product. And according to the latest Meat and Livestock Australia figures sheepmeat exports to both Korea and North America are experiencing healthy growth despite the.
Australia’s flock rebuild is speeding up, predicted to reach 68.1 million head after falling to its lowest on record in 2020 of 64 million head. And by 2023 the national flock is expected to be 75.4 million head. This is according to Meat and Livestock Australia’s (MLA) 2021 sheep industry projections half year update released.
There are plenty of reasons to believe the good times for Australia’s cattle game will continue for some years yet but more importantly is the opportunity that exists right now to build on the good fortune. For many producers, the aim now is not just rebuilding herds to pre-drought levels but making them even stronger.
New age product labelling which uses blockchain technology to demonstrate the traceability of Australian beef has gone on show at Beef Australia 2021. The project, named KPMG Origins – Trusted Beef Traceability, aims to deliver $115m in additional sales by 2025. It is the result of a collaboration between southern NSW meat processor and exporter,.
Optimism surrounds Australia’s sheep and wool industry with producers looking to increase flock numbers and expand wool production systems as the bumper season and high prices continue. This is according to the recent Rabobank rural confidence survey which indicated 54 per cent of sheep producers are looking to increase their flock numbers. And 75pc indicated.
Although overall east coast lamb yardings saw a slight drop in prices last week, throughput numbers in Victorian sale yards remained on the up. Both sheep and lamb numbers into Victorian sale yards are tracking well above the seasonal average with lamb yarding levels hitting over 75,000 at the end of last week. This was.
The rip-roaring way cattle prices kicked off the year can’t be expected to continue forever but leading analysts and economists believe the market will not fall considerably this year. It’s unlikely there will be a major correction during 2021. Cattle prices are set to stay well above the long-term average. That forecast has given way.
That a global health pandemic would create chaos, and in its wake leave society with a newfound appreciation of food supply chains, is something no one at the big Beef Australia event three years ago would have predicted. However, the fact the beef industry had the resilience and the know-how to pivot, adapt and thrive.
