Extracted From an Article that appeared in the Grenfell record:
I received an e-mail from a friend in Ireland who had been reading the Irish Farmers Journal – one of the best in the World. He said that the weekly World beef price table had him puzzled. In Euros the dressed weight prices were as follows –
- UK 3.56,
- Italy 3.46,
- Netherlands 3.35,
- Germany 3.30,
- France 3.19,
- Uruguay 2.51,
- US 2.46,
- Brazil 1.83,
- Australia 1.57
- politically price capped Argentina on 1.32.
He finished with –
“I’m not sure what’s going on but it seems odd. How is MSA perceived among beef farmers? It has been held up as a model here.” Odd it is.
Australia sits on the Global Beef Price Ladder just above the bankrupt Argentina and falling fast, despite our low dollar.
We have been told for years that we lead the World with MSA and NLIS. We have continually told in the media that our cattle prices are good. After a 40 cent price drop (from a low base) on a falling dollar, in a month, I am not amused.
Did you know that our cattle prices were so low on a global scale ? The obvious question is why?
Have your say!
Tags: Beef Prices, Grenfell record, Irish farm Journal, MLA, MSA, NLIS
