SIGNIFICANT rainfall in northern Australia over summer has resulted in a major reduction of slaughter volumes, however it has fuelled the prospect of the national cattle herd rebuild intensifying, according to the Meat & Livestock Australia (MLA) Cattle Industry Projections April Update.
Favourable grazing conditions means producers are holding onto more stock.
The cattle herd is predicted to increase by five per cent to 25.9 million head. MLA market information manager, Stephen Bignell, said significant rainfall in northern Australia across summer has led...
Delivering high-value research and information on best practices to help improve farming productivity, efficiency and profitability.
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