December 2, 2008

 

Summer season seen to shore up Australian beef sales

 
 

Australian beef producers in Queensland could be facing one of their best summer seasons in more than a decade.

 

Meat and Livestock Australia says that widespread rain in northern Australia has helped to improve the sector's outlook, together with a low Australian dollar and reduced production costs.

 

Analyst Peter Weeks says it's a welcome change for many graziers who have battled tough conditions for years.

 

He added that things are shaping up much better in Queensland and they are getting very good feed conditions. The herds are starting to build up and the graziers are probably looking at the best season for cattle that they've had for at least a decade.