Australia is one of the world’s largest exporters and most efficient producers of the highest quality beef. But the industry needs to be economically sustainable and generate a positive rate of return on capital to enable its long-term sustainability and to withstand the threat of more extreme seasonal conditions and weather events.
The Australian red meat industry aims to ‘double the value of Australian red meat sales by 2030 as compared to 2020 baseline.’ This will require increasing the volume and value of red meat sold to our markets, supported by reducing costs through more efficient management systems and practices.
ENHANCE PROFITABILITY AND PRODUCTIVITY
3.1 Profitability across value chain
3.2 Farm, feedlot and processor productivity and cost of production
4.1 Barriers to trade
4.2 Product integrity