BEEF businesses across North and Northwest Queensland have enjoyed a run of good years, however it is no secret among cattle producers that the costs of production have increased and interest rates are rising.
That’s the opinion of Herron Todd White North Queensland director Roger Hill, writing in HTW’s February monthly rural property report.
“The levels of discretionary spending have been high,” Mr Hill said.
“There are graziers who have already planned and executed their strategies for enduring the impacts of three risks:
- commodity prices softening
- operating costs rising,…