The Bindaree Beef PIP Final Report released last week collates the primary and secondary research conducted over 12 months on the eating quality of Australian beef and the potential benefits and costs of implementing uniform labelling and grading standards throughout Australia.
The project was co-ordinated by Hunt Partners with joint funding by Bindaree Beef and the AMPC. The publication of the project's Final Report follows the implementation of the "Torbay Bill" in NSW which imposes strict requirements for packaging and labelling of beef upon retailers. A proposal to apply the provisions of the NSW legislation at a national level is to go before the Primary Industries Ministerial Council when it meets next year.
The strength of the domestic market has been the subject of renewed focus this year given the high Australian dollar and weakening export prices. The level of crisis faced by the Australian beef industry was highlighted in a recent MLA report on the Northern Beef Situation Analysis 2009, which found that the northern beef industry, which comprises just under half of the Australian beef herd, is in its worst state since the beef slump of the 1970s.
The Bindaree PIP Final Report provides research and analysis on the potential benefits of uniform national labelling and grading standards through increased domestic demand, and includes the findings of the first ever Benefit Cost Analysis (BCA) into beef grading conducted in Australia (the GHD Hassall BCA).
In the present context the Report is a valuable resource for both industry and Government as they attempt to develop solutions to the serious challenges facing beef producers and processors.
The full Report can be viewed HERE.