by clicking the arrows at the side of the page, or by using the toolbar.
by clicking anywhere on the page.
by dragging the page around when zoomed in.
by clicking anywhere on the page when zoomed in.
web sites or send emails by clicking on hyperlinks.
Email this page to a friend
Search this issue
Index - jump to page or section
Archive - view past issues
TAS Country : August 11th 2011
Friday, August 12, 2011 Tasmanian Country 5 News 4 x Bedrooms 2 x Bathrooms 2 x Toilets European Appliances Built-in Robes Heat Pump Separate Laundry / Dining and Living Space Alarm System Outdoor Decks Double Garage Landscaping 4000m2 Block. $385,000+ Beef report defies gloom KAROLIN MacGREGOR RECORD high beef prices may have eased back in recent months but the news is not all bad for the country's producers. Meat and Livestock Australia's mid- year beef market projections show global uncertainty over the financial situation in Europe and the United States combined with the high Aust- ralian dollar is having an impact on export markets. MLA chief economist Tim McRae said there was a combination of factors that had pushed prices down from the record highs seen earlier in the year. ''A sustained very high Australian dollar, a contraction in global beef prices, weak returns from the Japan market and increased competition from US beef in north Asia have all contributed to a more subdued outlook for the remainder of 2011,'' he said. ''Added to these issues is the uncer- tainty that will continue to plague Australia's live cattle trade.'' Mr McRae said the strength of the Japanese market was critical to the country's beef industry. ''After showing potential in early 2011, the Japan beef market has been impacted by a series of unprecedented events which will continue to frame the state of consumer demand over the short term,'' he said. ''The recent issues facing the Japan- ese market, Australia's largest beef export market, have clearly empha- sised the importance of the market to the Australian beef industry.'' The importance of other markets outside the country's top three export destinations, Japan, Korea and the US, is also highlighted by export shipment totals. During 2010-2011 Australia shipped 286,700 tonnes or about 31 per cent of exports to other countries, including Russia, which received 75,000 tonnes of Australian beef. Mr McRae said the interruption of Australia's live trade to Indonesia made it difficult to forecast exact numbers for that market but the four- week trade suspension would have long-term financial impacts. In the domestic market, however, beef consumption is expected to in- crease as higher production combined with lower export demand sees major supermarkets cutting retail beef prices. Across the country in the past financial year the Australian beef herd is estimated to have increased by 3.6 per cent to about 27.5 million head. ''The fundamentals that underpin a bright outlook for Australia's export markets over the medium to long term have not been erased but they have again been obscured by global con- cerns, a high Australian dollar and tentative trading,'' Mr McRae said. ''Global beef cattle herds continue to liquidate, especially in major exporting nations like the US, while the amount of beef exiting Brazil has been curtailed by a robust domestic market.'' LEARNING THE ROPES: Cassy, 14, and Aaron Armstrong, 13, were excited about the eight three-day-old calves their dad and mum Jason and Lynette bought at the Bridgewater saleyards on Monday. The calves were taken back to the Armstrong Tunnack farm. ''We're going to hand rear them,'' Cassy said. The calves, five females and three males, will be hand- fed, with bottles then buckets, twice a day for three months by the Armstrongs. The heifers will be kept for breeding. It is the second lot of calves the Armstrongs have bought from Bridgewater. Picture: RAOUL KOCHANOWSKI. Beef producers defend independent trust JENNIFER CRAWLEY A STOUSH is brewing be- tween Tasmanian beef pro- ducers and the State Government over control of sizeable beef trust re- search funds. The Tasmanian Far- mers and Graziers Associ- ation Meat Council chair- man and two beef producers are the tra- ditional members of the Beef Industry (Research and Development) Trust. The State Government wants to include represen- tatives from the Tasman- ian Institute of Agricul- tural Research and the Department of Primary In- dustries, Parks, Water and Environment on the trust. TFGA beef council chairman Brett Hall said the trust funds, believed to be about $400,000, were sourced from beef pro- ducer contributions and should stay in their con- trol. ''The management of these trust funds has been sound. In fact, despite the global financial crisis, the investments have re- mained secure and profit- able,'' Mr Hall said. ''Moving the funds into the Government's hands increases the risk of the funds being eroded and the money being used for pur- poses outside beef research and development.'' TIAR and DPIPWE are recipients of research funding from the beef trust, he said. It was inap- propriate that they control the allocation of funding. ''This is a clear conflict of interest. We want to make sure the State Government is unable to take control of trust funds built up over many years and to put them to general government use.'' Producers have until August 26 to make sub- missions to a government review of the trust's oper- ations.
August 4th 2011
August 18th 2011