In this file:

 

·         Trouble in Australia equals opportunity for U.S. beef

·         AU: 'It's so bad': Family make 'hardest decision' after losing battle against drought

 

 

Trouble in Australia equals opportunity for U.S. beef

Beef exports to Japan and South Korea are likely to increase.

 

Scott Brown, BEEF Magazine

Sep 09, 2019

 

Brown is a livestock economist with the University of Missouri

 

A smaller beef production base in Australia coupled with recent developments in trade patterns and policy will result in more opportunities for U.S. beef exports in the next couple of years.

 

Australia is the main competitor in the top two export markets for U.S. beef, Japan and South Korea. The country is one of the top two suppliers of U.S. beef imports along with Canada. But while U.S. cow numbers are at or near a cyclical peak, a lack of adequate moisture in much of Australia has led to herd liquidation in the past year.

 

Cattle numbers

 

Meat & Livestock Australia reports in its August update of industry projections that Australia’s cattle inventory as of June 30 declined an estimated 7.3% relative to the previous year. They project beef production will drop by 11% in 2020, with beef exports down about 550 million pounds (15%).

 

The most recent quarterly outlook from the Australian Bureau of Agricultural and Resource Economics and Sciences in June projects a similar situation in the year to come, with beef production from July 2019 to June 2020 down 12.4% from the previous year and beef exports dropping by more than 17%. The reduced supply leads to a projected increase in the cattle sale yard price of 3.4%.

 

Export market shake-up ...

 

more, including charts [2]

https://www.beefmagazine.com/beef/trouble-australia-equals-opportunity-us-beef

 

 

'It's so bad': Family make 'hardest decision' after losing battle against drought

 

Tom Flanagan, News Reporter, Yahoo News Australia

9 September 2019

 

For cattle owner Kylie Thatcher, the ongoing drought ravaging Australia’s east hasn’t left her in financial ruin like thousands of other farmers.

 

But that didn’t make it any less heartbreaking for the Queenslander when she was left with no choice but to sell her cattle after the struggle to keep them alive became too much.

 

Taking to Facebook last week, she announced that she was forced to say goodbye to 16 of her cows as their suffering had no end in sight.

 

“Some [of the cattle] we’ve had from babies,” she told Yahoo News Australia.

 

“For me it's the attachment you make with them... the trust they have in you that you’re there everyday 24/7 to make sure they have feed and water.

 

“To do this for years and to have to watch that truck drive away... you have no words to explain. It really is so bad.”

 

‘They can’t survive on dirt’ ...

 

Federal water minister hits out at state governments ...  

 

Lack of water to fight bushfires ...

 

more, including links

https://au.news.yahoo.com/queensland-family-sells-cattle-amid-drought-053101436.html