MLA's Cattle Industry Projections - October 2019

Post by 
Christina Parker
Published 
October 31, 2019
W

inter and early spring offered no reprieve from widespread dry conditions for the majority of Australian cattle producers, who continue to contend with scarce water availability, rising feed costs and growing financial pressure.

High processor throughput, in particular the elevated female slaughter, reflects ongoing herd liquidation and impacts forecasted beef production. On a 12-month rolling basis, the female percentage of adult slaughter remains at 54%, keeping the national herd firmly locked in a contraction phase. The excess turnoff of breeding stock and poor rainfall outlook has resulted in adult cattle slaughter for 2019 being revised higher to 8.4 million head, up 7% on last year.

Beef production has also been adjusted higher for the year to reflect the elevated turnoff and is forecast at 2.4 million tonnes carcase weight (cwt), up 4%. A downward trend in adult carcase weights has offset some of the impacts of increased slaughter, despite the number of cattle on feed reaching a new record in the June 2019 quarter, at just below 1.15 million head.

Read more>>

Other stories you might also like

All Posts
Northern Beef Industry
Jan
16
//
2020

Insatiable Chinese demand creates turning point for beef

The red hot demand for Australian beef that has helped hold cattle prices up against a backdrop of drought-induced offloading has led to a turning point, the release of new Federal Government export data shows.
Northern Beef Industry
Jan
14
//
2020

Climate, society and profit the paths to boosting northern beef

A focus on profit over production, managing a changing climate and societal awareness of the way food is produced will be the pathway to prosperity for beef operations in North West Queensland, according to one of the latest Nuffield reports.
Genomics Research
Oct
29
//
2019

Weekly genetics review: Are our mature cows becoming too big?

Throughout this year’s drought, one emerging trend has been the topic of mature cow size.
Genomics Research
Jun
30
//
2019

Cattle sires of the tropical north reveal their genetic secrets

The Brahman cattle breed favoured in Australia’s northern end only survive there because of their special ancestry and genetics.

Our first Tropical Taurus bull sale will be in 2021

REGISTER YOUR INTEREST