Toowoomba and Surat Basin Enterprise (TSBE) has secured a grant which will enable it to bolster the Darling Downs’ and Queensland’s market share of grain-fed beef in the United States.
In collaboration with Meat and Livestock Australia (MLA), TSBE is hoping to capture the immense potential for the growth of regional beef producers and the expansion of Queensland’s footprint in U.S. markets.
The partnership secured funding through the Queensland Government’s Food and Fibre to Market: Industry Partnerships Program which is investing $600,000 to eight industry organisations and grower collectives, including TSBE and MLA.
Queensland, as a whole, is a significant producer of beef domestically and recognised globally as a world leading exporter of high-quality beef.
The industry represents a large percentage of the total value of Queensland’s primary industry commodities, contributing $1 billion dollars annually and supporting around 10,000 jobs across Queensland.
The Darling Downs, plays a pivotal role in the production of grain-fed beef, accounting for 60 per cent of Australia’s supply.
TSBE CEO Greg Bowden said with this investment from the Queensland Government and strategic partnership with MLA, regional Queensland is well-positioned to leverage its exceptional produce and expand its global market reach.
This article appeared in On Our Selection News, 3 August 2023.
