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The Star
10-07-2025
- Business
- The Star
Australia's beef exports to the US surge despite Trump tariffs
CANBERRA: Australia's total beef exports to the US rose significantly in June in the face of President Donald Trump's new tariff regime, which saw the American leader specifically single out Canberra for refusing to accept adequate red meat imports. Exports of chilled and frozen beef to the US jumped 23 per cent from a year earlier in June, according to Meat & Livestock Australia data released on Thursday (July 10). Shipments in the first six months were up almost a third from a year earlier.
Straits Times
10-07-2025
- Business
- Straits Times
Australia's beef exports to the US surge despite Trump tariffs
Sign up now: Get ST's newsletters delivered to your inbox The US is the biggest market for Australia's almost A$14 billion beef and veal export sector. Australia's total beef exports to the US rose significantly in June in the face of US President Donald Trump's new tariff regime, which saw the American leader specifically single out Canberra for refusing to accept adequate red meat imports. Exports of chilled and frozen beef to the US jumped 23 per cent from June 2024 , according to Meat & Livestock Australia data released on J uly 10 . Shipments in the first six months were up almost a third from the same period in 2024 . The US is the biggest market for Australia's almost A$14 billion (S$11.7 billion) beef and veal export sector, and is one of America's largest foreign sources of red meat. Shipments to the US currently face a flat 10 per cent tariff, and Mr Trump singled out the nation for not buying enough US produce in the April press conference where he announced his administration's 'reciprocal' trade rates. Exports to China more than doubled from June 2024 and were just a third below those to the US, the July 10 data showed. Diplomatic tensions had hampered agricultural shipments between the two nations following the Covid-19 pandemic, although relations improved after the election of the centre-left Labor government in 2022, and trade has largely resumed. BLOOMBERG Top stories Swipe. Select. Stay informed. World Trump's ambassador nominee to Singapore Anjani Sinha has a rough day at Senate hearing Asia Dr Mahathir at 100: Still haunted by the Malay Dilemma Singapore Academic paper by NUS researchers withdrawn from peer review after hidden AI prompt found Singapore Apex court upholds SMC's conviction of doctor who gave patients unapproved hormones Multimedia 60 objects to mark SG60: Which is your favourite? Singapore Singaporean fugitive arrested in Thailand for suspected drug trafficking and handed over to CNB World Trump issues tariff notices to 7 minor trading partners, hits Brazil with 50% tariff Business SGX securities turnover up 23% in June, bringing financial year's gain to 28%
West Australian
24-06-2025
- Business
- West Australian
WA beef producers report growing confidence in industry outlook among changing trade and weather
WA beef producers are more optimistic than six months ago but still remain the least confident out of any state or territory, according to Meat & Livestock Australia's most recent Beef Producer Intentions Survey WA producers held the lowest sentiment in the beef industry in MLA's November survey, but have reported to have grown in confidence in the April survey despite changing trade and weather conditions. Of the 252 beef producers surveyed across the country, 59 per cent said they intended to maintain the size of their herds in the next few months, while 21 per cent planned to increase and 20 per cent intend to decrease their herd sizes. The other 2864 beef producers across Australia held similar intentions with 56 per cent reporting they intended to maintain the size of their herds in the next 12 months, while 26 per cent planned to increase and 19 per cent intend to decrease their herd sizes. The survey captures a snapshot of herd demographics, producer sentiment, breeding and sales intentions, and market dynamics. Producers in northern WA reported an increased sentiment due to stronger seasonal conditions. MLA market information manager Stephen Bignell said the figures in the April survey are consistent with the preceding survey, and reflect a stable outlook for northern and southern production systems. 'These intentions reflect a cautious but optimistic approach by producers,' he said. 'The majority are maintaining herd size, which suggests confidence in current market conditions, but also awareness of ongoing risks such as trade uncertainty, concern about weather, and prices and input costs.' Beef producers in northern Australia and southwestern Queensland provided limited survey participation due to significant rainfall and flooding. Breeding and sales strategies have been influence in South Australia due to dry and drought weather conditions. Producer sentiment has been shaped by changing global market dynamics as a result of increased demand from China, the United States continuing to rebuild their herd, and tariff arrangements that continue to evolve. Producers reported a total of 4.82 million head of cattle sold, or expected to be sold, in the first half of 2025. Producers in southern Australia reported higher sales in the first quarter of 2025, and northern producers anticipated stronger activity in the second quarter of the year. 'Southern producers' higher sales in Q1 are primarily due to earlier seasonal turn-off patterns and the need to manage feed availability during drier conditions,' Mr Bignell said. 'In contrast, northern producers are likely benefiting from improved pasture conditions following significant rainfall, allowing them to hold stock longer and plan for increased sales in Q2.'
West Australian
02-06-2025
- Business
- West Australian
New Meat & Livestock Australia program has launched for southern WA beef producers to boost their programs
A new livestock industry initiative aimed at boosting the productivity and profitability of southern Western Australian beef producers has officially launched. It comes after a call from southern producers for industry to address the unique challenges they face in their region and input practical measures to support them. Meat & Livestock Australia and the Western Australia Livestock Research Council announced the start of the SMARTBEEF project on May 29, which will bring producers together to collaborate, share knowledge and implement practical on-farm improvements. It was designed by MLA, industry experts, the Western Beef Association and the University of Adelaide with climate conditions and shifting market dynamics as the focus. The project's team leader, Economics & Consulting principal, Lucy Anderton, said the project was designed to assist producers in tackling challenges through practical and collaborative learning. 'This project isn't about sitting in a room listening to presentations. It's about producers working together, learning from each other and using practical tools to drive success,' she said. 'It is an opportunity for these producers to improve their understanding of their productivity and profitability.' The program will develop the skills producers require to make data-driven decisions that improve profitability by analysing their financials, cost of production and production systems. They will also gain insights into the WA beef market and market specifications through access to industry experts and supply chain participants. Albany producer Matt Leov is one of several farmers who will showcase best practices — including digital agriculture, reproductive efficiency and sustainability — in their area as part of the program. 'The ability to observe and understand the practices of similar farms presents a significant opportunity for improvement — it has the potential to transform how we operate,' he said. 'I'm particularly looking forward to learning from others and identifying cost-effective strategies that can deliver meaningful results.' The first producer group will start in July and finish in September, 2026, while the second will begin in July 2026 to December 2027. MLA is calling for producers who are interested to sign up before June 30. For further information including how to register, contact Phil Barrett-Lennard at phil@ or on 0429 977 042.
West Australian
15-05-2025
- Business
- West Australian
Australian Wool Innovation survey set to determine the group's focus for the next six months
Australian sheep producer confidence slumped this time last year and it is now time to determine whether this sentiment has changed in the face of continuing harsh weather conditions and industry uncertainty. Australian Wool Innovation's Sheep Producer Intentions Survey is open for responses throughout May to do exactly this. Data collected will help analysts improve analysis and forecasts, and will be used as a tool when developing Meat amd Livestock Australia programs, to ensure adoption and communication efforts match industry sentiment. The SPIS is conducted in two waves each financial year — one in October and one in May. The surveys ask producers for their sentiment towards the sheep and wool sectors, current flock demographics and future intentions. In the May 2024 report, weather was noted as having the most impact on on-farm decision making for wool, lamb and sheep meat producers in Tasmania, Victoria and South Australia. Meanwhile, WA results noted personal circumstances as a larger decision driver. Personal circumstances included age, workload and succession and were pronounced in regions experiencing prolonged uncertainly. In WA's case, the ban on live sheep exports explained uncertainty sentiments. More than 2000 producers Australia-wide participated in the May survey. As a result of the survey findings, MLA noted personal considerations as an area where the industry may need to place more focus to ensure the longevity and succession of the sector. According to the October 2024 survey findings, negative sentiment dropped a marginal 2 per cent. Results from past reports can be viewed on the Meat & Livestock Australia website .
