MLA launches customised market analysis tool
03 September 2015
All levels of the red meat industry now have the ability to access and analyse Meat & Livestock Australia’s (MLA) significant database of market statistics.
MLA has today launched a new online Statistics Database in a new initiative aimed at empowering producers and the wider industry to unlock the potential of this information for their own commercial benefit, and to underpin their business decisions.
MLA manager of market information Ben Thomas said the online tool would allow producers, traders and exporters to access a long-term compilation of industry prices, production and consumption data, as well as price information and trade statistics from a number of key export markets.
“The new database provides users the opportunity to search for specific pricing information, product and trade statistics, that are most relevant to their enterprises,” Mr Thomas said.
“By accessing specific market reports, red meat businesses can make more informed decisions - be that in terms of breeding, buying or selling stock, or exporting product overseas.
“There is huge potential for a wide range of businesses to benefit from this data, resulting in a boost to the productivity of the wider Australian red meat industry.”
Mr Thomas said data would be presented to users based only on their own unique search settings, with the raw markets data, provided by industry, remaining behind secure firewalls to protect privacy.
The database is still in a trial phase, with users encouraged to provide feedback before the end of September via the online form that can be found on the database or firstname.lastname@example.org.
This feedback will be factored into MLA’s ongoing development of the database with a view to providing users with even more localised information.
The MLA Statistics Database is available at statistics.mla.com.au.
For media enquiries contact:
Rose Glasser, MLA Media Manager, p: 0408 729 165, e: email@example.com