STRENGTH TO STRENGTH: Capella’s Terry Randell says there are plenty of reasons to be confident in the beef industry.
STRENGTH TO STRENGTH: Capella’s Terry Randell says there are plenty of reasons to be confident in the beef industry. Amelia Ahern

CQ graziers focus on the positives

COMMODITY prices, rainfall and land values are beyond the control of our primary producers, but when it comes to personal resilience and confidence in their industry, they have a little more say.

The latest data from Rabobank shows confidence lifted in the Central Highlands and Channel Country this quarter, while poorer seasonal conditions in the Darling Downs saw confidence decline further from already low levels.

More than 1000 people took part in the survey and beef producers reported a lift in rural sentiment on the back of stronger prices and an improved export outlook.

Terry Randell of Crinum, Capella, said the beef market was "pretty good" at the moment.

"The deal with China and the strong live export market to Indonesia would have increased confidence," Mr Randell said.

"Although many are still in drought, it is the time of year for rain."

Things at Crinum were off to a good start this year but, like many, the Randells will be hoping for much-needed rain in coming weeks.

"We have missed the last falls but rain is patchy in November," Mr Randell said.

"But moving into December and January, rain is generally more widespread.

"I think they are forecasting some for next week."

Breeding commercial and stud cattle and share-farming 405ha of cultivated land, Mr Randell said diversifying your production was paramount.

"You've got to have a finger in a few pies," he said.

Mr Randell also exhibits cattle at shows and achieved success on the Central Highlands show circuit, taking out grand champion and supreme beast of the show at Alpha.

Rabobank state manager for Queensland and Northern Territory Brad James said, while overall confidence had lifted, dry conditions stood out as the main concern.

"Drought continues to be a significant problem," he said.

"The macro level picture for beef is pretty positive at the moment, with the Australian beef price holding up well, record boxed beef exports to the US in September and what's looking like a better year for live exports - and all at a time when the Australian dollar looks to have stabilised from earlier highs."


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