High Aussie Dollar Hitting WA Pork Exports
AUSTRALIA - Western Australian pork producers say the high Australian dollar has cost them a quarter of their export market.
2 December 2009
2 minute read
About a third of the pork produced in WA is sent to the fresh market in Singapore, but the rising dollar is making those exports much more expensive.
Pork retailers in Singapore are turning instead to frozen product from the USA, Canada and Brazil to meet the demand, reports ABC Rural.
Ron Penn, from export company the Craig Mostyn Group, says WA producers can't afford to compete against frozen pork.
"So they speak to us of reductions in price of around 25 per cent," he says.
"That's impossible, it's just not possible to pass that reduction on and have our farms, and farmers, remain sustainable."
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