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Challenges ahead for Australia's buoyant beef sector says latest industry report

机译：最新的行业报告称，澳大利亚牛肉市场蓬勃发展将面临挑战

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WHILE the long-term outlook for Australian beef remains strong, the industry must face up to a number of emerging challenges to its crucial export markets, according to a recently-released industry report. The Global Focus Report on Australian Beef, by international food and agribusiness bank Rabobank, says while medium to long-term prospects for the industry overall are positive, future profitability will hinge on a number of factors. Chief among these is the future re-entry of United States and Canadian beef to Japan and Korea, the impact of drought on supply levels and emerging competition from South American exports. Other key issues include the maintenance of Australia's disease-free status, the strength of the Australian dollar, continuing improvements in on-farm productivity and the recent reopening of the US border to Canadian cattle. "Despite the tremendous strength in both export and domestic markets, there are some risk factors on the horizon which have to be faced," says Rabobank beef analyst Bill Cordingley.
机译：根据最近发布的行业报告，尽管澳大利亚牛肉的长期前景依然乐观，但该行业必须面对其关键出口市场面临的一系列新挑战。国际食品和农业综合企业银行荷兰合作银行发布的《澳大利亚牛肉全球关注报告》说，尽管整个行业的中长期前景是乐观的，但未来的盈利能力将取决于许多因素。其中最主要的是美国和加拿大牛肉将来重返日本和韩国，干旱对供应水平的影响以及南美出口的新兴竞争。其他关键问题包括维持澳大利亚无病状态，澳元坚挺，农场生产率的持续提高以及美国与加拿大牛的边境最近重新开放。荷兰合作银行牛肉分析师比尔·科丁格利（Bill Cordingley）说：“尽管在出口和国内市场上都拥有强大的实力，但仍存在一些必须面对的风险因素。”

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