Queensland branch secretary Brian Crawford said publicly available ASIC records showed that Teys Australia Beenleigh Pty Ltd had made $38 million in after-tax profits in the nine years to 2010/11. During that period, the company paid out $33 million in ...

In contrast to southern states, Queensland's kill last week was unchanged, at 82,443 head, although that was still up 11pc on a year ago.

With winter rapidly approaching, the prospects for good pasture growth are already limited and producers will continue to be wary of carrying surplus cattle through to spring.