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Cattle producers enjoy record prices, but it could impact international competition – ABC News

Cattle producers are enjoying record prices, but experts say the short-term gain could prove a double-edged sword for industry as it looks to rebuild from all-time…

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Cattle producers are enjoying record prices, but experts say the short-term gain could prove to be a double-edged sword for industry as it looks to rebuild from all-time low national herd numbers.
Key points:

  • WA cattle producers are enjoying record high prices
  • National herd numbers have reached all time lows of around 24.6 million head
  • Industry experts say low herd numbers could undermine Australia’s competitiveness as an exporter

The Western Young Cattle Market Indicator this week reached 813 cents…

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