Farmers challenge Woolies over meat threat.

Byline: Sophie Morris

Jul 11, 2007 (The Australian Financial Review - ABIX via COMTEX) -- The Australian meat industry has questioned comments by Woolworths CEO Michael Luscombe regarding price increases. Luscombe's recent warnings that meat prices would rise as a result of the drought have been rejected by Meat & Livestock Australia (MLA), which claims that there is an adequate supply of meat to meet demand. MLA's Peter Weeks says the strong Australian dollar has weakened demand for exports. leaving plenty of stock for domestic supply. Weeks ...