North Australia Beef Market Overview | 2018

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Australia is one of the world's most efficient producers of cattle and the world's third largest exporter of beef. The off-farm value (domestic expenditure plus export value) of the Australian beef and cattle industry was $16.85 billion in 2016-17 (ABS, MLA estimate).

The global outlook for beef and veal demand is steady, with countries including China and Japan increasing both imports and consumption in 2017, however consumption in Korea has decreased for the first time in five years. Australia's export market is declining, with Japan representing the biggest export market during 2017 with 292,000t shipped weight (swt) exported (29 percent of the total export market and valued at about $1.9 billion). This represents an 11 percent increase in exports to Japan, with global exports steady at 1.01 million tonnes swt. Global prices are reflecting the increasing demand for protein. Global production is also forecast to increase over 2018, which reaffirms the need for Australia to position itself globally as a supplier of a superior quality product to maintain market value.

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North Australia Beef Market Overview | 2018

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Malcolm Malone

Associate Director | Agribusiness

Brisbane CBD

Malcolm has gained experience in a variety of real estate valuation sectors, rural property management and development in Queensland and the Northern Territory that reflect my specialization in medium to large scale cattle production enterprises in conjunction with past experience in mixed farming, irrigated & dry land cropping enterprises and cattle breeding properties in NSW.
Provided rural revaluations for the Warwick and Inglewood Shire Councils, residential and rural valuations throughout South East Queensland. 

Malcolm has over 25 years’ experience in the rural sector starting his career working on rural properties in NSW and Queensland working forTwynam  Pastoral Company and Stanbroke Pastoral Company

Malcolm has experience in a variety of valuations of rural assets for pre-purchase, pre-sale, financial reporting, mortgage security and estate planning purposes.

Areas covered-Australia

 

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