Australia: Livestock and Products Annual
Livestock and livestock products is a significant industry in Australia and accounts for one fifth of farm production while beef farms manage three quarters of all agricultural land. The industry has seen high cattle turn-off and live cattle exports. Beef production and exports are at record levels, with the United States the main market ahead of Japan. Current turn-off levels appear unsustainable as cattle herd numbers will fall to 26.3 million in 2016. The pig and pork meat sector has been stable with the domestic industry focused on fresh pork products and imports supplying most of the market for processed products, although these are prepared in Australia.