Yet again, it’s slightly uncertain times for our domestic
beef production. We’re also speaking here about Australia as a whole and not
just NSW.
Apparently, the latest statistics show a widening gap
between the price of beef, in retail circles and that of some of its main
competitors such as chicken, lamb, pork and even vegetarian food. That’s
leading to some concerns that consumers might be driven away from beef onto
other cheaper protein sources.
To make matters worse, the spectre of US imports is on the
horizon. The economics are puzzling given Australia’s abundance of cattle but
for whatever reason it looks as if US beef could be heading our way – subject
to tariff quotas etc.
The third wave of concern being expressed is over a
combination of increasing drifts away from red meat for health reasons (whether
you agree with those concerns or not, is does seem to be happening) plus the
changing demographics of Australia. Read more http://www.whitestractors.com.au/blog/329-some-worries-about-beef.html