Australian beef exports to increase by 20%

Australia has raised its beef exports forecast by 20%, citing conditions worsened by an el Nino weather pattern which has forced farmers in the world’s third-largest exporter to maintain near-record slaughter rates.

The Australian Bureau of Agriculture, Resource Economics and Rural Sciences is expecting the country’s beef exports to total 1.225 million tonnes in the crop year to July 1, 2016, up from its June forecast of 1.02 million tonnes.

The increased exports will help alleviate supply concerns in the United States, which imported record amounts of Australian red meat in 2014/15 after seven years of consecutive falls in the size of the US herd.

The stronger exports will be driven by higher slaughter rates in Queensland, the country’s largest producing state, the bureau said.

That will offset a slowdown in culling rates across the rest of the country.

Queensland is expected to bear the brunt of the dry weather associated with an el Nino that is predicted to peak by the end of 2015.

Farmers in Queensland have been plagued by drought for more than two years, which has wilted pasture and dried up damns forcing graziers to cull animals at record levels.


Lifestyle

The Leaving Cert points have been tallied, the CAO offers made, and now the hunt is on for student accommodation.Making Cents: Now, first-years must learn how to rent a room

A dermatologist gives their advice on what to do when your skin is suffering from post-partum hormones.How your skin can change post-pregnancy and what you can do about it

Sadly, the deceased Okjokull Glacier might just be the tip of the iceberg.As Iceland mourns a departed glacier – Five glaciers to visit before they disappear

Bride and groom Aoife O’Callaghan and Finbarr McCarthy returned to the scene of their first encounter — and first date — on their big day.Wedding of the week: Aoife and Finbarr's love is true Blue

More From The Irish Examiner