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October 6, 2021


Australia's red meat, livestock industry in strong global position, report states

 


The Australian red meat and livestock industry's ability to adapt and respond to significant challenges over the past 12 months has positioned the sector strongly in the global market, according to Meat & Livestock Australia's (MLA) 2021 State of the Industry report released on October 5.

 

The report provides an overview of Australia's red meat and livestock industry, including figures on production, consumption, exports, the economic significance of the industry, attitudes to red meat and key issue snapshots.

 

MLA managing director Jason Strong said overall Australia's red meat and livestock industry was in fantastic shape with minimal disruptions through the global pandemic thanks to years of innovation and hard work from red meat producers.

 

"Over many years, we have worked on improving what we do, building relationships and diversifying our red meat markets which meant as the impact of the global pandemic arose, we were able to ride it out with minimal disruptions to export volumes and values, especially relative to other industries," said Strong.

 

"Much of the commentary about consumers declining commitment to red meat is overblown and out of context. Australian red meat continues to be recognised as a high-quality protein of choice across the globe.

 

"We have a premium product with a first-rate reputation that consumers are willing to pay top dollar for, which puts us in a unique position and allows the industry to strive towards the ambitious goal to double the value of red meat sales by 2030.

 

"Our job is to find the most discerning consumers both here and around the world and make sure they continue to be excited to eat our product – getting people comfortable with the fact that Australian red meat is a high value, premium product should remain our focus. The combination of both value and consumption volumes contribute to the success of our industry.

 

"It is crucial that the red meat and livestock industry continues to unite right across the supply chain to further improve the productivity and profitability of the entire sector. We have a very exciting future ahead."

 

Australian Agriculture minister David Littleproud said the red meat and livestock industry was of great importance to Australia.

 

"The industry has demonstrated resilience over the past few years dealing with drought, floods, bushfires and now COVID," he said. "And this report is a great reflection of the beef, sheep and goat industry's sheer determination of continuing to get on with the job of producing the world's best livestock.

 

"The entire red meat industry is critical to regional Australia, with 90% of the 445,000 employees living in regional locations."

 

The Australian government provides matching research and development funding to MLA/producer contributions, and working closely with the industry on market access and development opportunities.


- MLA

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