Another Strong Year Tipped for Live Cattle Trade

AUSTRALIA - Fourteen thousand cattle from across northern Queensland have left the port of Townsville this week bound for markets in South-East Asia.

10 April 2008

1 minute read

Oceania

The Australian Livestock Exporters Council says the resurgence in the live cattle trade is likely to continue this year, with demand and prices strong.

Spokesman Lach MacKinnon says while uncertainty in global financial markets and currency problems could affect the outlook, conditions still look positive.

"The live trade, especially into South-East Asia with cattle is very strong and looks strong for the foreseeable future," he said.

"Queensland has sent a lot more cattle out over the last two years or 18 months - for example 14,000 have just left Townsville in the last couple of days.

Source: ABC Online