Beef and sheep prices have plummeted as farmers try to reduce livestock herds built up during La Niña years ahead of a dry, unproductive El Niño season
ast year was a pretty good year for Melinee Leather and her husband, Robert. Their business, the Leather Cattle Company, breeds cattle for the European market on three farms stretching over 17,000 hectares near Rockhampton in Queensland.
“We’re seeing these sort of unusually extreme events,” she says. “It’s definitely getting hotter and drier. If we look at the long-term trends here, the temperatures are sneaking up all the time.” “Our latest figures suggest that the grain harvest is going to be down around 35% on last year,” Smith says.this season’s crop expected to drop down to the 10 year average. More worrying is an analysis by Rural Bank that showed severe deficiencies in root zone soil moisture in southern Queensland, northern New South Wales and northern Western Australia.
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