Navigating the Future of Australian Beef Production

50th Anniversary of Lardner Park Steer Trial Showcases Industry Insights and Opportunity

This month Food & Fibre Gippsland’s Brodie Anderson, Project Manager – Resilience and Innovation, and Rod Hayes, Senior Manager – Resilience and Innovation, attended the Lardner Park Beef Field Day, a cornerstone event in Gippsland’s food and fibre calendar on November 14th.

The field day this year marked a significant milestone—the 50th anniversary of the Lardner Park Steer Trial. The celebration brought together industry leaders, producers, and special guests to reflect on five decades of progress in the Australian beef sector and to explore strategies for a sustainable, profitable future.

A Day of Insights and Inspiration

The event began with the final weigh-in of the 2025 Steer Trial, followed by a dynamic speaker program in the Events Centre. Attendees were treated to thought-provoking presentations from:

  • Simon Quilty – Renowned agricultural analyst

  • Michael Weldon – Coles Ambassador & MasterChef personality

  • Dyson Heppel – Former AFL footballer and Essendon captain

Market Outlook: Opportunities and Challenges

Simon Quilty’s keynote address provided a deep dive into the current and future state of the Australian beef market. Key takeaways included:

  • Record global beef prices and strong international demand, particularly for premium organic beef favored by millennial consumers.

  • Significant herd liquidation in southern Australia, creating both challenges and opportunities for producers.

  • Bullish forecasts:

    • Feeder steer prices projected to hit $750 by November 2026

    • Angus heifers: 35–45% increase

    • Cows: 30–40% increase

    • Heavy steers: 20–30% increase

Strategic Recommendations for Producers

Quilty urged producers to focus on long-term resilience and profitability through strategies such as:

  • Transitioning from trading to breeding

  • Leveraging technology and data-driven decision-making

  • Targeting high-value market segments demanding quality differentiation

  • Building strong industry relationships and embracing continual learning

Reflections from Food & Fibre Gippsland

Brodie Anderson summed up the day’s key message:

“With the Australian beef industry at a pivotal juncture, the Lardner Park Beef Day highlighted that producers who invest in high-quality pastures, embrace innovative practices, stay connected with local agribusiness networks, and adapt to evolving market cycles will be best positioned for sustained success.”

Looking Ahead

The 50th anniversary of the Lardner Park Steer Trial was more than a celebration—it was a call to action. As global markets shift and consumer preferences evolve, Gippsland’s beef producers have an opportunity to lead with innovation, resilience, and collaboration.

 

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