Every other year, the Five Nations Beef Conference brings together cattle industry leaders from five of the world’s top beef-producing countries: the United States, Canada, Mexico, and this year’s host countries - Australia and New Zealand. Gregg Doud, chief economist for the National Cattlemen’s Beef Association, says that while these nations compete vigorously for global market share, they also share common challenges and obstacles in promoting beef around the world.

Cut #1 :07  Outcue: "...build global beef demand."

Doud says the meeting allows participants to share common approaches to such issues such as BSE prevention and animal health and welfare, which are critical to keeping the cattle industry strong.

Cut #2 :12  Outcue: "...like animal welfare."

Cut #3 :20 Outcue: "...which are pork and poultry."

Doud said it’s important to stay educated on business strategies used by our competitors in the global marketplace.

Cut #4 :32  Outcue: "...because they have to be."

Large investments have been made in traceability and animal identification by both Canada and Australia to bolster their export opportunities. Doud said it’s not surprising that the United States has some catching up to do in this area, as the U.S. has a much larger industry and many more cattle producers.

Cut #5 :21  Outcue: "...in all of Australia."

But while other nation’s beef industries have grown and progressed, the United States still attracts by far the most interest and attention at any international conference.   

Cut #6 :15  Outcue: "...substantial exporter as well."

He added that “Down Under,” severe drought is dominating any discussion involving agriculture or the cattle industry. A native of Kansas, Doud said he’s seen some very harsh drought conditions in his lifetime. But these are among the worst in history.   

Cut #7 :29  Outcue: "...critical, critical situation."