Production

Australian beef and veal exports were 85 000 tonnes (shipped weight) in April 2013, 19 per cent higher than in April 2012. There were higher exports to China, the Republic of Korea and the Middle East, but lower exports to Japan and the United States.

Below average autumn rainfall has prompted many producers in south–east Australia to retain on farm fodder supplies, rather than sell to the open market. As a result, there is reportedly a shortage of fodder in some regions, with prices up by 40 per cent compared to last year.

Below average rainfall and above average temperatures throughout central and northern Australia in recent months has resulted in producers continuing to destock in preparation for winter.

Sourced from ABARES Weekly Australian Climate, Water and Agricultural Update (9 May 2013).