"Also, what is not helping is our dollar. China and other countries are actually paying less for our meat that we are after the exchange rate is factored in"
And this is why ALL meat prices are going to go up considerably not only pork and when this drought breaks look out.
Out of all this it is hard to buy 100% Australian bacon, when you read the packaging it says 70, 80, 85% Australian, what is the other percentage in a cut slice of bacon.
We export all out prime products in this meat area, and then import lesser qualities and we all accept it as the norm. China are not buying properties here for no reason, they are strategically buying assets that offer directs sales back to their own country.
