Week Ending 19/06/2020
The federal government finally appear to be on the front foot with regards to opening Australia up so that life in general may return to some form of the 'new normal'.
What that is remains to be seen. Some states are dragging their feet and talk of high court action appears imminent between the federal government and some of the states if they don't relent.
Really very helpful rain last weekend across my part of the world, with the area generally receiving 15 to 20mls which was most welcome.
Some astute graziers who sowed winter crops early and at the same time had young stock on hand or went into the market and purchased stock being sheep, cattle or lambs have seen the lead of these already sold and in most cases a tidy profit has been achieved.
The weather forecasters are suggesting further rain across parts of our region over the next week and once again if this happens it will be most welcome.
While China is still a problem with regards to Agricultural producers and some high-level politicians exchanging barbs from both sides some interesting stats have emerged from across the world and also here at home.
Countries such as India and Saudi Arabia have expressed interest in our barley crop and the domestic feedlotters have come out and declared that they will be in a position to buy large quantities of our upcoming harvest.
In America, Australian beef and lamb are both enjoying a substantial rise in popularity.
In America, Australian beef and lamb are both enjoying a substantial rise in popularity.Bill Tatt
This country is our third largest destination for beef both in terms of volume and dollar value.
Lamb consumption is on the rise and analyst advise that this sector of the market has increased by 60 per cent over the last decade.
The value of Australian beef over the 2018/2019 fiscal year stood at $1.9 billion for 259,149 tonnes.
Lamb at 79,257 tonnes is knocking on the door of $1 billion in exports.
Our best profile for beef comes from our grass-fed cattle which now in many leading steakhouses and restaurant outsells the grain fed on the menu.
These on-going gains are being achieved even when the American consumer has a deep feeling of patriotism and an imbedded belief that their local grown supplied product is better.
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