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Why Australian beef should not take on South America | Stock & Land



MOST global beef supply growth is currently coming from South America and the key metrics around production, export and consumption in Brazil, Argentina and Uruguay are astounding.

They may have some productivity issues, and political challenges with trying to take more beef out of their countries, but they are enormous players, which means the rest of the beef-producing world watches closely for any shift in dynamics.

For Australia, the sheer size of beef shipments coming out of South America, and the growth in Chinese business in recent times, likely means one thing: Don’t try to compete on price.

Data from international economic advisors Steiner Consulting Group presented at the online Australian Bureau of Agriculture Resource Economics…

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