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Meat: Outlook to 2006-07

Citation

Brittle, S and Gleeson, T and Nelson, R, Meat: Outlook to 2006-07, Australian Commodities, 9, (1) pp. 50-62. ISSN 1321-7844 (2002) [Refereed Article]

Abstract

Higher Australian beef production and subdued demand from Japan are forecast to result in lower Australian beef prices in 2002-03. Over the medium term, beef cattle prices are projected to decline further in real terms as US beef production and exports rise. Despite continuing strong import demand from the United States, saleyard lamb prices are forecast to fall in real terms as a result of rising production. Higher world pig meat production and heightened competition on world markets is expected to lead to lower real pig meat prices in Australia and to a contraction in pig meat production in the medium term. Lower feed grain prices for poultry producers over the medium term are likely to improve profitability and result in continued growth in poultry production.

Item Details

Item Type:Refereed Article
Keywords:agricultural market; agricultural price; agricultural production; food market; international trade
Research Division:Agricultural and Veterinary Sciences
Research Group:Animal Production
Research Field:Animal Production not elsewhere classified
Objective Division:Animal Production and Animal Primary Products
Objective Group:Livestock Raising
Objective Field:Livestock Raising not elsewhere classified
Author:Nelson, R (Associate Professor Rohan Nelson)
ID Code:84739
Year Published:2002
Deposited By:Tasmanian Institute of Agriculture
Deposited On:2013-05-29
Last Modified:2013-05-29
Downloads:0

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