Slaughter rates up as drought continues

ACCORDING to Rural Bank’s latest Australian Cattle Annual Review, dry seasonal conditions, particularly across New South Wales and Queensland have prompted many of Australia’s beef producers to reduce herd sizes and increase slaughter rates.

Slaughter rates up as drought continues Slaughter rates up as drought continues Slaughter rates up as drought continues Slaughter rates up as drought continues Slaughter rates up as drought continues

Despite producers wanting to hang on to stock, dry conditions have meant some herds have gone to slaughter.

The report shows despite beef producers entering 2018 with the intention to retain stock and rebuild herds, below-average rainfall, the deterioration of pastures and rising feed costs have caused