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Why Prices Are Down
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<blockquote data-quote="wbvs58" data-source="post: 1375643" data-attributes="member: 16453"><p>The US competes with Australia in most of our premium markets such as Japan and Korea. Do you have your country of origin on the meat you sell into these markets? Australia does, and is proud of it and is a point of differentiation that gets us a premium on our meat as the public buys our meat and trusts our product. We have the most expensive processing costs in the world mainly due to the wages of meatworkers and our cattle prices are at an unsustainable height at the moment due to herd rebuilding, the exchange rate and the reputation of our product is keeping our foot in the door.</p><p></p><p>I understand your gripe and it will only be a matter of time before we are looking back at our high prices and wondering how they fell. We also have a lot of unfair practices in the purchasing of cattle at the saleyards, buyers from the processors taking it in turns to buy pens of cattle rather than competing.</p><p></p><p>All the best with your endeavours and questioning of the system, no matter where you are from the producer is certainly at the bottom of the food chain with many feeders picking on him.</p><p></p><p>Ken</p></blockquote><p></p>
[QUOTE="wbvs58, post: 1375643, member: 16453"] The US competes with Australia in most of our premium markets such as Japan and Korea. Do you have your country of origin on the meat you sell into these markets? Australia does, and is proud of it and is a point of differentiation that gets us a premium on our meat as the public buys our meat and trusts our product. We have the most expensive processing costs in the world mainly due to the wages of meatworkers and our cattle prices are at an unsustainable height at the moment due to herd rebuilding, the exchange rate and the reputation of our product is keeping our foot in the door. I understand your gripe and it will only be a matter of time before we are looking back at our high prices and wondering how they fell. We also have a lot of unfair practices in the purchasing of cattle at the saleyards, buyers from the processors taking it in turns to buy pens of cattle rather than competing. All the best with your endeavours and questioning of the system, no matter where you are from the producer is certainly at the bottom of the food chain with many feeders picking on him. Ken [/QUOTE]
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