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Code at UK.

This is John Batcher, an excerpt from a conversation with Jeremy Zackett's in New South Wales about

El Nino and good news, not just bad news, there's heat, there's cyclones, there's enormous rainstorms, but the expectation for cattle in Australia was extremely

dire because of El Nino bringing dry and hot weather, unable to keep the herd alive.

Culling required, except the rains came.

And what that means is not only is the cattle rancher satisfied but also the Australian

economy is satisfied and steak runneth over. Here's Jeremy Zakk is to describe the

surprise of surprises in an El Nino year where everything is not predicted and yet

Well John this is a great story while they had to cold their herd because literally when you get a drought here in Australia, there's no feed for the animals.

You can't feed them, you can't rear them, you cannot sell your cattle. But what's happened with all the flooding is there is so much

feed around, there's so much stock that the cattle industry is now booming. It's actually growing,

they're breeding like nothing else. In fact, they're breeding at levels that are higher than last year when we knew

there was going to be rain. So what's actually happened is that all the cattle that we

...