Australian Cattle 's Assignment : Trade Patterns Of Australia

The beef industry is an important asset to United States agriculture as a whole. Over a million agricultural entities benefited from the sales of cattle and calves in the year 2000. Gross totals from sales of cattle and calves in 2000 totaled $40.76 billion accounting of 21% of all agricultural receipts making the beef sector the largest single agricultural enterprise. Direct and indirect employment in or related to the production and processing of beef supports over 1.4 million full-time-equivalent jobs in the US as well. Cattle are produced in all 50 states and their economic impact contributes to nearly every county in the nation and they are a significant economic driver (Lawerance and Otto, 2000).

Australia is almost self-sufficient in lumber production. Most of roundwood production is broadleaved, and timber plantations account for about one-fifth of the lumber output. Most fishing in Australia is marine, three-fifths from the Indian Ocean and two-fifths from the Pacific Ocean.

Benefits the economy, supports thousands of Australian jobs and is helping to provide protein to some of the world’s poorest people across Asia and the Middle East. Australia’s beef cattle exports are wroth $1.35 billion and the sector employs more than 10,000 people, including many Indigenous Australians.

With a GDP of over $1 trillion USD, the Australian economy is among the largest in the world (Cornett and Saunders, 2014). Australia is trading partners with the United States, China, and Japan, but their economic ties are mainly centered in the Pacific Rim. Exports are crucial to the country’s GDP and this has created problems regarding sustainability in the Australian economy.

Australia’s strict regulations and laws has given it a reputation as a producer of clean, quality export, particularly in countries in the South-East Asia region. After graduating from the University of Canberra I intend to work in this consumer goods industry as a foreign sales representative. There is a substantial market overseas for Australian food exports, particularly meat and dairy. They are seen as quality, green and safe products in comparison to what might be available for purchase locally. Countries such as China for also see many of the everyday products that are common to the Australian consumer as premium luxury goods. Annually 58% of Australia’s total food production is sold

International trade is the exchange of goods and services between nations. Goods meaning tangible objects like clothes, food and such, while services are non-tangible items like tourism and education. Australia imports and exports a variety of goods and services. Australia’s leading exports in 2009 were Coal, Iron & or and education, while

Australia’s primary exports lie in natural resources and agricultural commodities (Siriwardana, 2015). The Australian beef industry is the sixth largest exporter in the world where average beef exports from Australia are approximately 1.3 million tonnes, amounting to approximately 65% of total beef production (Tozer and Marsh, 2012). In a global context, Australia is the sixth largest beef producer and the second largest beef exporter, therefore it would be most efficient for Australia to trade with other nations who produce and export beef less effectively (Meat & Livestock Australia, 2016).

Many people have the belief that feedlots mistreat their cattle, keep them in confined spaces, feed them nothing but corn, and abuse them. Farmers and ranchers work day and night and spend large amounts of time and money to ensure that their animals are cared for in the best way possible. In the end if cattle aren’t comfortable in their environment the product they provide us with will be effected in a negative way. There is a great deal of care that goes into cattle operations from the time calves are born, till they are moved to a larger feedlot, then to a slaughterhouse, and eventually to our plates. Whether or not a person chooses to eat beef or not is completely up to them. But either way, people should know the facts about where their food comes from and have an educated opinion on why they believe the beef industry is good or bad.

According to the line graph, at the start, wheat exports amount in all categories were between 15 - 20 million tons, then amount of exported wheat in Australia was stable increasing while Canada and Europe countries were gradual dropping until 1986. After that, the change of amount in Canada significantly went up and reached 25 million tons in 1988 while Europe Community slightly grew and remained in 15 million ton at 1988, for Australia, in contrast, it declined average the same amount every year.

Countries with low figures included Switzerland, at 49 percent, and South Korea, with a 2002 figure of 47 percent. Australia topped the list, at 237 percent, trailed by other countries that are exporting sustenance, including Canada at 145 percent, the United States at 128 percent and France at 122 percent. The greater part of this nourishment is transported by boat.

With globalization, the world has become increasingly smaller when it comes to trade. Goods and trade can flow easier between different countries because of Free Trade agreements (FTAs). This means that international policies like multilateral, bilateral and regional free trade agreements are becoming more increasingly vital for countries. Multilateral trade agreement have traditionally been the most dominant approach with the World Trade Organization (WTO) who currently have 159 members. However, with so many members it also has a negative impact because of the difficulty of creating consensus agreement for example the disagreement on the agriculture which means that the Doha round is currently in

Two elements essential to the trade process that affect the pricing for Australian mango exports are local supply and demand. Low domestic prices of mangoes deliver the

Vegemite is quite profitable within Australia with a spokesman stating that it is currently consumed in 80% of Australian households. This is a phenomenal statistic considering its limited use outside of Australia.

While undefined, Kiribati’s economy is quite different from the USA’s, as they have different resources available to them. Kiribati’s agriculture products include breadfruit, taro, copra, sweet potatoes, fish, and other vegetables. Their industries include handicrafts and fishing. Kiribati’s exports include copra (62 percent), coconuts, fish, and seaweed (CIA). Their export partners are Thailand (43 percent), Japan (18 percent), Ecuador (17 percent), Other Asian countries (8.9 percent), and Australia (3.1

In this report, Fiji’s export industry is covered comprehensively and within the limited resources available at the time of writing. The core goal of the report is determining the potential of Fiji’s Export industry. In particular, the agricultural and services industry is reviewed. Linear programming model of total return from aggregate exports is used. This is done with the core aim of finding out what is limiting the growth of Fiji’s export industry and the best way to lessen the drastic changes in the export returns from year to year.