Weather Missing in Jigsaw for “Great” Australian Beef Sector

AUSTRALIA – Many fundamentals are in place for a strong Australian beef sector, which is now waiting on the weather to allow herd rebuilding.
calendar icon 26 August 2015
clock icon 1 minute read

This is the prognosis of Rabobank’s latest markets report “Australian Beef – On the Cusp of Great Things”, which gives strong world demand, tight supplies, growing trade agreements and currency strength as reasons why the future for Australian beef is looking bright.

Now all that is needed is for rains to come and bolster a “generally optimistic” cattle industry.

Angus Gidley-Baird of Rabobank said: “With strong fundamentals in place, this report looks at some of the opportunities and challenges for the Australian beef industry from a production, export and price perspective.”

TheCattleSite News Desk

© 2000 - 2024 - Global Ag Media. All Rights Reserved | No part of this site may be reproduced without permission.