QLD monsoon key to rebuild
As the size of the Australian herd fluctuates with the whims of the seasons, not all areas of Australia are equal in their influence upon herd liquidations and rebuild cycles. For example, Queensland, the NT and the Kimberly typically account for around half the national herd. Rain is the lifeblood of the land, and today […]
Ovine exports defy lower slaughter rates
We were all aware of the processing capacity constraints afflicting the lamb and mutton sector in January, and the lack of lamb on supermarket shelves. However, it looks like export markets didn’t miss out, with international demand ensuring product still went overseas. Meat and Livestock Australia’s (MLA) weekly slaughter data showed east coast lamb slaughter […]
Forecast finds flock flourishing
The February forecast for Australia’s sheep flock has been revised higher, with the rebuild expected to kick on this year. Meat and Livestock Australia’s tri-annual sheep industry projections released this week estimate the national flock lifted 10.8% year-on-year in 2021, with sheep slaughter, production and live export falling in line with this, while lamb figures […]
Calling the top
After the early year rally, the young cattle market has shown some signs of weakness. It shouldn’t be surprising, we know how far in front of the international market the Eastern Young Cattle Indicator (EYCI) is. Here we look at historical early year trends, and look to see if it gives us a template for […]
Australian wool clip profile
Last month Mecardo looked at ABARES data which provided a profile of the Australian sheep flock, broken into four size categories. In this article ABARES data for sheep farms is used to calculate a more detailed profile of the Australian wool clip. ABARES provides a breakup of farm performance by size (into deciles) for a […]
