date:Nov 17, 2015
Beef might be off the Christmas menu for many Australians this year with prices continuing to rise dramatically.
Over the past year, Australian domestic beef prices have more than doubled with drought hitting Australian farms hard.
Yet, domestic supply and demand is not the only cause of the surging local market prices. In fact, Meat and Livestock Australia (MLA) says it is expecting the annual cattle slaughter for 2015 to hit an unprecedented high, in line with the record figures experienced