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Outlook for Meat Bruce Bowen Manager, Agriculture & Food ABARES.

Published byMorgan Hodges Modified over 9 years ago

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Presentation on theme: "Outlook for Meat Bruce Bowen Manager, Agriculture & Food ABARES."— Presentation transcript:

1 Outlook for Meat Bruce Bowen Manager, Agriculture & Food ABARES

2 Share of livestock production

3 Farm dependence on livestock 56% 47% 27% 33% 47% 54% 55%

4 Sheep flock Sheep numbers Million Proportion of ewes in flock %

5 Lamb exports kt China US Other

6 Sheep meat prices mutton lamb 2010-11 c/kg cwt

7 Cattle slaughter & prices Slaughter ‘000 head Saleyard price (right axis) 2010-11 c/kg cwt

8 Beef exports kt Japan US Korea Other

9 Japanese beef imports Australia Other US kt

10 Proportion of beef cattle sold for live export northern Australia, 2009-10

11 Poultry and pig meat Medium term outlook Lower feed grain prices Per person consumption of poultry to increase Pig meat import growth to slow

12 Summary of outlook 2011-12: –Saleyard lamb price: ▲ 4% –Saleyard cattle price: ▲ 5% 2015-16 Sheep flock ▲ 73 million Cattle herd ▲ 28.7million

13

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