Cattle numbers provide basis for beef production to rise in the second half of 2022

Consumer demand is expected to remain firm, while restocker demand is strong but overall cattle prices could marginally ease in second term of 2022 Local beef production is forecast to increase by 4.5% during 2022 according to Meat and Livestock Australia (MLA), as reported in the Rural Bank’s Australian agriculture mid-year outlook. This result is […]

Cattle age determined by analysing tail hair now a proven method

MinION data analysing

A way to determine the age of cattle by analysing their tail hair has become as a “game-changer” for our lucrative northern cattle industry The method of applying a real-time sequencing device to read the age of the animal from DNA extracted from the tail hair is now fully accepted by the industry, since its […]

High cattle prices have the potential to squeeze beef processors

The ongoing record levels of cattle prices could increasingly put pressure on meat processors heading into 2022. According to ANZ’s latest Agri Commodity Report, with the growth in cattle prices exceeding the rise in retail beef prices, margins for some of Australia’s meat processors could tighten considerably in coming months. “On their own, the high […]

Japan and South Korea key markets for Aussie beef into future

An industry report concludes Japan and South Korea will continue to be important markets for beef exports over the coming five years, with steady demand expected in both countries, according to a new industry report. The report, Uncovering the Value of the Japanese and South Korean Beef Markets, by agribusiness banking specialist Rabobank, says Japan and […]

Coles doubles its support of Aussie beef industry with meat processor expansion

Coles has reaches a landmark deal with a big Queensland beef processor and adds 30 farming families as direct cattle suppliers Coles has established a multi-year agreement to process livestock at Teys Australia’s Beenleigh Qld processing facility, that will underpin the supply of top-quality beef for supermarket customers across the country. Under the agreement, Teys […]

Precision Beef records information in quest to become optimum cattle management system

Key information drivers of beef productivity and profitability are being built into a program managed by University of Queensland researchers to improve beef value and volume The best ideas to value-add to management of cattle herds across all states is being brought together by the integrated research held in ‘Precision Beef’, a strategy that pinpoints ways […]