Article image
Article image
Article image
Article image

Bleak view on cattle

NZPA Sydney Australian cattle producers face another serious recession, according to the Australian Cattlemen’s Union. The union’s president (Mr Maurice Binstead) said the long-term consequences of what he described as the most critical, drought in 50 years, combined with falling United States beef prices, were alarming. Federal and state governments must realise that drought conditions were creating a state of emergency and relief provisions had to be re-assessed. Mr Binstead said the seriousness and spread of the drought through much of eastern Australia meant that the only alternative for cattlemen was to sell stock now before their condition deteriorates further, resulting in short-term market depression.

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19800410.2.122

Bibliographic details

Press, 10 April 1980, Page 24

Word Count
109

Bleak view on cattle Press, 10 April 1980, Page 24

Bleak view on cattle Press, 10 April 1980, Page 24