We are pleased to announce the release of the 2023 Australian Beef Report.
Understanding, and identifying ways to improve, the financial and production performance of family-owned beef businesses in Australia is essential for profit focused producers, industry service professionals, and other industry stakeholders alike.
The 2023 version of the triennial Australian Beef Report comes off the back of three years of exceptional markets and seasonal conditions across much of Australia and combined with the 2017 and 2020 reports provides the best long-term picture of beef business performance available.
There are three important components of the 2023 Australian Beef Report
Pastoral Panel chapter
The Pastoral Panel chapter was a popular feature in the 2020 edition and again captures the
intellectual capital of wise heads in the industry, providing insights into how they think and how they
approach decision-making, business, and life. The responses of panel members to current, relevant
questions provide inspiration and perspective. We don’t doubt there will be something in there for
everyone and at least one response that you will want to write down and stick on the fridge.
Managing for Herd Fertility and Profitability chapter
Three of the most knowledgeable industry experts Phil Holmes, John Bertram, and Michael
McGowan, have compiled this chapter and provided their insights into managing fertility and why it
is one of the most important profit drivers in a commercial breeding herd in both northern and
southern production systems. The content breaks down what makes a highly fertile herd, how
genetic progress is made, objectively quantifying herd performance, and selecting seedstock
sources. There is also analysis of management factors necessary to maximise herd fertility and
productivity.
Industry performance
Detailed current information on the financial and production performance of the Australian beef
industry is provided by region, herd size and market. This section collates an extraordinary amount
of data and is presented in a way that can be used to identify business and herd performance
relative to the average and Top 25% of peers. This is vital information to identify strengths and
define goals for improvement through price and seasonal cycles.
Value in combining with ‘Top Studs’
There is also the opportunity to combine your ABR purchase with Bush AgriBusiness’ new
publication, Top Studs. The Managing for Herd Fertility and Profitability chapter and Top Studs have been prepared separately, but are complementary and there is value in reading both publications
together. More information on Top Studs can be found here, and if you order the ABR and the full
version of Top Studs together, you will receive a $49 discount on checkout
A significant amount of time and effort goes into the Australian Beef Report. We would like to thank
co-author Michael Wellington and all the contributors and independent reviewers for their
invaluable input. Without them, we could not have published such a high-quality, independent
resource for the beef industry.
To buy your copy or to find out more, head to the Bush AgriBusiness website.