Grant Garey Teys Feedlot - Regional Development Australia Central ...
Grant Garey Teys Feedlot - Regional Development Australia Central ...
Grant Garey Teys Feedlot - Regional Development Australia Central ...
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AGRIBUSINESS TODAY 2012“Profitable Beef in a challenging Future”What type of beef is neededA Processors Perspective<strong>Grant</strong> <strong>Garey</strong>, General Manager <strong>Feedlot</strong>s<strong>Teys</strong> <strong>Australia</strong>
Outline• <strong>Teys</strong> <strong>Australia</strong>• Our Values• Our Direction• Thoughts about the beef industry• What type of cattle do we need
<strong>Teys</strong> <strong>Australia</strong>• A 50/50 partnership between the <strong>Teys</strong> family andCargill• Combining the best of <strong>Teys</strong> and Cargill to become aleader in the global industry• Our plants have ideal geographic spread• We have the opportunity to build a truly excellentcompany that adds real value to our customers,suppliers and our employees.
Northern TerritoryCattle Region- Cattle Population- GrainWestern <strong>Australia</strong>QueenslandRockhampton / BiloelaMurgon (Leather)Condamine (<strong>Feedlot</strong>)South <strong>Australia</strong>New South WalesBrisbane / BeenleighTamworthNaracoorteVictoriaTasmaniaJindalee(<strong>Feedlot</strong>)Wagga Wagga- Domestic marketaccess
Cattle Processing Daily Capacity• Beenleigh 1375• Rockhampton 1603• Naracoorte 730• Biloela 710• Wagga Wagga 1250• Tamworth 840 (Woolworths)Daily Total 6508 (or approx 1.5 million head per annum)
<strong>Teys</strong> other businesses• Cattle <strong>Feedlot</strong>s at Condamine (30,000 head) andJindalee, Temora (17,000 head)• <strong>Teys</strong> <strong>Australia</strong> Food Solutions- value added/portionedmeat products• <strong>Teys</strong> <strong>Australia</strong> Murgon- cattle hide processing• <strong>Teys</strong> USA Inc• Interest in wholesale operations in Brisbane,Melbourne and Adelaide
<strong>Teys</strong> Employment• Approx 4,200 people across the business• Diverse workforce• Projects on Talent retention and engagement (fromCargill)• <strong>Teys</strong> graduate program- our future leaders
Our Values• Honesty, integrity, loyalty, leadership and humility• “A deal is a deal” with <strong>Teys</strong>- we stand by our word• Prompt payment will not be compromised
<strong>Teys</strong> <strong>Australia</strong> Direction• Partnerships with key collaborative customers andsuppliers-This means aligned supply chains• Focus on Meat Standards <strong>Australia</strong> (maximising valuefor the supply chain)• EU grass and grain• <strong>Development</strong> of a integrated branding strategy
Thoughts about the beef industry..• The future of the industry remains bright. Demand forbeef will continue to grow (as populations and incomesrise)• Two speed economy, high AUD will change what wemake and where we sell it• Poor state of key developed economies means a focuson new and emerging markets• The key issue for <strong>Australia</strong> is that we remain acompetitive supplier (rising costs)
Two key factors drive consumptionGrowth in world population Growth in world GDP10 billionsUS$ (trillions)80864260402001950 1970 1990 2010 2030 205001980 2000 2016
Population growth will be in Asia
Global GDP growth will also be in AsiaDistribution of additional world GDP (next 10 years)8%19%43%21%9%
Forecast growth in beef consumption 2011−2020Total growth 14.2 million tonnes cwt (24%)Due to population & income growth alone (no price change)Weeks Consulting Services Pty Ltd
So What type of Beef is needed?• MSA – Retail & Food service• Grassfed - Food Service & Retail Export & Domestic• Grainfed – Food Service & Retail Export & Domestic• Manufacturing – Export & Domestic• EU – Grain & Grass
MSASex: Steers & HeifersHSCW: 260-320kgDentition: 0-2Fat: 6-22mmBoning Group: 1-8Feeding: Grassfed or Supplementary FedLocation:Wagga/Tamworth/Naracoorte/Beenleigh/Biloela &Rockhampton
GrassfedSex: Steers & HeifersHSCW: 180-420kgDentition: 0-8Fat: 6-22mmFeeding: Grassfed or Supplementary FedLocation:Wagga/Naracoorte/Beenleigh/Biloela/Rockhampton
GrainfedSex: Steers & HeifersHSCW: 300-420kgDentition: 0-4Fat: 10-32mmMSA Boning Group: 1-7/8Breed: Angus & othersLocation: Wagga/Beenleigh/Naracoorte/ Biloela/RockyMust be min 100d grainfed, NFAS Accredited.
Feeder Steers - southSex: SteersWeight (shrunk): 360-460kgDentition: 0-2Breed: Angus, Shorthorn, Hereford, British crossHGP: OK if completed activityNLIS: Lifetime traceableNumber: 40+ top priceLocation: Jindalee <strong>Feedlot</strong>, Temora NSW
Feeder Steers - northSex: SteersWeight: 360-500kgDentition: 0-4Breed: Angus, Flat Backs, EU, BrahmanNumber: min 1 deck/typeLocation: Condamine <strong>Feedlot</strong>, Condamine Qld
ManufacturingSex: Steers & Heifers & CowsHSCW: 180kg +Dentition: 0-8Fat: 3-32mmLocation:Wagga/Naracoorte/Beenleigh/Biloela/Rockhampton
EU Grass/GrainSex: Steers & HeifersHSCW: 240-420kgDentition: 0-4Fat: 6-22mmEU Accredited propertySpecific EU RequirementsLocation: Naracoorte/Beenleigh/Rockhampton
Key Points• 52 weeks supply required• Know the Specifications• Know what documentation is required• On time delivery• Talk to your nearest <strong>Teys</strong> <strong>Australia</strong> buyer
Thank You