As pointed out previously here some of the issues that may be a problem are not feedlot and cattle station related. Landline did a piece this weekend that pointed out Australia's processing woes and the fact that we were not very competitive globally. Until AACo reports we will not be sure that they are making hay with their producing assets 'cattle' or perhaps propping up their processing facility in Darwin.
Difficult to say without hard data. Still find it hard to believe that they could screw this up.
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AFR Beef Lot article, page-2
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