The Northern Rivers Times Edition 185

Page 34

The Northern Rivers Times

34 RURAL NEWS

January 25, 2024!!!

A Boon for Producers with Nearly Half a Billion in Farmgate Returns

In a testament to its success, the Meat Standards Australia (MSA) program has contributed an impressive $463 million in farm gate returns to producers over the past two years, according to the 2023 Australian Beef Eating Quality Insights (ABEQI) report. The comprehensive ABEQI report, drawing on data from the 2021–22 and 2022–23 financial years, analysed all MSA graded cattle. This included data

collected by MSAaccredited graders, information from sources like the National Livestock Reporting Service (NLRS), and additional details such as animal health and defects. Dr. David Packer, Program Manager for MSA at Meat & Livestock Australia (MLA), emphasised that the report encapsulates a wealth of data, providing a detailed analysis of trends and outcomes within the

MSA program, broken down by state and various other factors. The report highlights a remarkable trend of continuous improvement within the industry, showcasing the data necessary to build on these achievements, Mr. Packer noted. Premiums for MSA-compliant cattle, coupled with an increasing number of cattle receiving MSA grading with higher carcass weights, have resulted in the

substantial farm gate returns of $463 million since 2021. Financial incentives offered by processors and brand owners for meeting MSA compliance and eating quality specifications contribute significantly to the returns enjoyed by MSA beef producers in the previous two years. “In 2021–2023, nongrainfed cattle meeting MSA and company requirements potentially received an additional $0.36/kg over-the-hooks

(OTH) compared to non-MSA cattle,” Mr. Packer stated. “The average non-grainfed cattle consigned for MSA grading during this time weighed 306kg, potentially equating to an additional $110 per head.” Similarly, the premium for grainfed cattle meeting MSA and company requirements was an extra $0.15/ kg compared to nonMSA grainfed cattle. Additionally, grainfed cattle consigned to MSA

grading weighed 347kg, potentially leading to an additional $51/head, Mr. Packer explained. Developed by the Australian red meat industry, MSA aims to enhance the eating quality consistency of beef and sheep meat. The program, grounded in nearly 1.7 million consumer taste tests from over 250,000 consumers in 13 countries, considers all factors influencing eating quality from the paddock to the plate.

!"#$%%&'$%%()&*+!##,(

Coraki Rural & Hardware Supplies 102-104 Queen Elizabeth Drive CORAKI !"#$%&#'#$()*&+,"-./!"0

!"!"#$%&'()*+ #$%&"'()*+, !"-.+/01/"2(3)"40/5+. ,%-."/*.)0*$%)"%!"# !"6 78+.0+)9+,"'$.:+.&"'()*+, ,%-.*1021%3')*$%-'0+

CLARENCE COAST CONSTRUCTIONS 6643 2428

!"#$%&%'()*

02 6642 8600

!"#$%#&&'(#%$)*####+"#$%#&&'(#,'-. -./,0./#%%1.')

DEFG!E

HFIE!

!""#$%&'()&*'+,"-($%$(.)&*'+" )+/"0)*+&$+)+1$"'2"&*03$(" /$14%,"&*03$("%1($$+%," 3$+15$%,"3'6$%")+/"2$+1$%7 !""8$14"%)+/*+9,"1:$)+*+9" )+/"%$):*+9 !"";*95"-($%%<($"=)%5*+9 !"">'+1($&$"1:$)+*+9")+/" %$):*+9

!"#$%"&'$()*+*,-.."/0$()*1-0())2*-3&"%*+*-4"/('"%5 67-&"*89::*;;<*=<=*-/*:>:8*9;9*89= &-/'7"/&/$?"/#@%"0A#"()B0-.B(C* 333B%"0A#"()B0-.B(C

!"#$%&'()*+,(-./01

People Product Partnerships

!"##$%&'#(%&)*"+&,&'-./012&3)4

!"#$%&'()*$!+,---.+%"/*'0,'*1!&2'3'*,+4)&,

:&''3%";*#$%'<=*>'&<%2'=*'1(?*;0%";*@*'1(?*.1&A%";*.1<<2'

!"#$%&%'()*+,*-./0"123*0"*4546*789*795

!"#$%&'()#*+,#-.*/%01# !!"#$%&'# !!!"#$%&'("(#&"')


Turn static files into dynamic content formats.

Create a flipbook

Articles inside

Maximizing Returns on Savings: Insights from the Retail Deposits Inquiry

50min
pages 45-55

Boosted Work Bonus Unlocks Extra Income for Older Australians

1min
page 44

Addressing Ageism and Ableism in the Workplace

1min
page 44

Max Crus Trophy misses Aussie Day melee.

2min
page 43

PIZZA LUNCH LOAF

2min
pages 42-43

WHATS ON THE MENU TONIGHT?

0
page 42

Mazda Unveils Spirited Return to Performance-Car Market with Concept Models of Turbocharged Mazda 3 and MX-5 under Spirit Racing Brand

1min
page 41

Hyundai Unveils Ioniq 5 N NPX1 Concept at Tokyo Auto Salon, Previews High-Performance Electric Parts for Australian Market

1min
page 41

Great Wall Motors Achieves Milestone as First Chinese Carmaker to MassProduce Electric Vehicles Outside China, Utilizing Former Holden Factory

1min
page 40

The 2024 Toyota Camry Breaks Cover: All-New Design, All-Hybrid Power

1min
page 40

Rental Vacancy Rates Inch Upward, Offering Slight Respite for Tenants Amidst Ongoing Challenges

2min
pages 38-40

A Weekend in Sydney

3min
page 37

Unraveling the Surge: Understanding the Intensity of Sudden Downpours in Eastern Australia

1min
page 36

Anticipated Surge in Lamb Prices Following Robust Start to the 2024 Season in Sheep Saleyards

1min
page 36

2024 Summer Lamb Campaign Triumphs Over Generational Differences in Innovative Launch

1min
page 35

NSW Farmers Urges Water Minister’s Firm Stance Against Buybacks

1min
page 35

A Boon for Producers with Nearly Half a Billion in Farmgate Returns

1min
page 34

Beef: A Bite-Sized Tale of Rage and Redemption

2min
pages 32-33

RECENT CATTLE MARKET REPORTS

15min
pages 24-27

Be wary of dangers when taking children to worksites

1min
pages 22-23

SMALL BUSINESS OMBUDSMAN WELCOMES BANKING INDUSTRY PLEDGE TO FIGHT SCAMS

3min
page 22

Culture Camp in Byron Shire wins $20,000 in program funding; Round 2 now open for applications

1min
page 21

Boat rescues up 18 per cent as more people fock to waterways

3min
page 21

Westpac Rescue Helicopter Service –Ballina Support Group presents The North Coast Show and Shine and Swap Meet 25 February 2024

3min
page 20

Northern Rivers Joint Organisation Advocates for Making Control of Roaming Pet Cats Manageable for NSW Councils

2min
pages 19-20

GET THE GRU-P TOGETHER, CINEMA UNDER THE STARS IS RETURNING TO LISMORE

1min
page 18

Byron Writers Festival announces new Artistic Director and return to Bangalow Showground in August 2024.

2min
page 18

Tenterfield Railway Station Museum

3min
pages 17-18

Tenterfeld: Where History, Nature, and Charm Collide

1min
page 17

Ensuring Safety Amidst LandslipsTyalgum Road Gates Closure Protocol Explained

1min
page 16

Brookfarm launches premium roasted nut mixesbringing Australian favours to life!

1min
page 16

New carpark and public toilets on the way at Mullumbimby Rec Grounds

1min
pages 14-15

Weekly Climate,Australian Water and Agricultural Update

6min
pages 12-14

Tweed Shire Council awarded two grants worth $583,141

2min
page 11

Deloitte Tourism Outlook ReportImpact on North Coast

2min
page 10

Memorial to prawning birthplace

0
page 10

Council court matter withdrawn

3min
pages 8-9

JADA entries open for 2024

1min
page 8

Diary of a Flood Survivor

5min
pages 7-8

Angourie, Byron drownings continue horrific trend

7min
pages 4-6

Vibrant Streets Package

1min
page 2

Safety Concerns Prompt Closure of Hazardous Naughtons Gap Road Section

0
page 2

Charity to pay council court costs of $146,000

3min
page 2
Issuu converts static files into: digital portfolios, online yearbooks, online catalogs, digital photo albums and more. Sign up and create your flipbook.