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Beef profits lower in 2006 4 Oct 2006
ABARE said average farm cash income for broadacre beef producers rose slightly in 2004/05 to just over $61,000 per farm on the back of rising prices. ABARE, however, said it expected a 50 per cent fall in beef profits in 2005/06. ABARE said that although beef cattle saleyard prices remained high, there was a five per cent fall in the average number of beef cattle sold as producers built up herd numbers.
Australian Bureau of Agriculture and Resource Economics, 04/10/06
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