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COPYRIGHT 2001 Asia Pulse Pty Ltd
By Clive Gulliver
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A PROFILE OF AUSTRALIA'S BEEF INDUSTRY
UPDATED BY ASIA PULSE ANALYSTS (UPDATED JUNE 2001)
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OVERVIEW:
Beef producers are expected enjoy some of their best incomes in years in 2001 as the industry, now recording record prices at Australian stockyards and in overseas markets, maintains its healthy momentum.
Cattle Council president Peter Milne said as long as beef prices did not climb too high and price the product out of the market, the good times would continue. "Most people who are active in the industry think the current prices are very, very good and hopefully they are sustainable," he said.
Heightened concerns over possible contamination of Australia's livestock herds by bovine spongiform encepalopathy (BSE) and foot and mouth disease from Europe have led to a tightening of import controls since the beginning of the year, but also speculation that the unfolding crisis in Europe may open new markets for Australia's meat supply.
Australia had an estimated 17,700 specialist beef raising properties in 1989-99, plus a further 232,800 non-specialist beef properties that had more than 50 beef cattle. About one third of these beef properties were located in Queensland in 1998-9, with 29 per cent in New South Wales and 23...
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