date:May 30, 2014
Meat and Livestock Australia contributes information to Agri Benchmark's annual report, which takes into account 90 per cent of the world's beef production.
The 2013 report shows beef producers all over the world are struggling to stay profitable in the long term, but that Australian, American, Chinese and European beef industries are each fighting a slightly different battle.
China's biggest problem is rising input costs.
While Australian producers have had to deal with a 30 per cent rise, i