The real value of world agrifood demand is projected to increase by 77 per cent between 2007 and 2050, with most of this increase occurring in Asia. Beef is a commodity there could be a significant increase in demand, with rising incomes in Asia leading to an increase in demand for higher protein foods, including meat and dairy products.
The region is dominated by beef production supported by rain fed pastures and dryland and irrigated crops. Meat processing facilities, two located in Rockhampton and one in Biloela are substantial in scale and contribute significantly to the regional economy and State exports.
Total livestock numbers in the Central Queensland region are calculated at around 4 million head with an annual product value of $1.037 billion dollars. This value represents one third of all Queensland production of beef and over 10% of the National value of Australian beef both domestic and export.
The beef industry is stable, productive and operates under world’s best practice management.
Australian feedlots largely depend on the climate. Higher than average rainfall conditions, will in turn have provided flexibility to producers to utilise grass finishing while drier years increase feedlot demand.
Given that turn-off from feedlots generally only accounts for approximately 40 per cent of Central Queensland’s total cattle slaughter, there is significant opportunity to increase feedlot capacity.
Central Queensland housed 3 of Queensland’s top 6 saleyards, processing in excess of 392 000 head per annum, reflecting the regions importance in the state and national beef producing industries.
Of the top 25 meat processors in Australia, Central Queensland houses three key plants.
JBS Swift’s Rockhampton has a daily Processing Capacity of 676 head of beef. The plant produces a range of products from premium grass-fed chilled beef through to manufacturing meat and supplies markets, mainly in the USA and Asia.
Tey’s Rockhampton processor has a slaughtering capacity of 1731 head per day and remains Australia’s largest single shift slaughter. Teys Biloela plant has a daily capacity of 703 head.
New investment is being sought to extend the capacity and productivity of Central Queensland’s beef sector in response to increased global demand for the commodity. Central Queensland has advanced capability in beef production along the supply chain in beef breeding, backgrounding, feed lotting and processing, underpinning expansion opportunities in broad scale and intensive beef production.