Low female slaughter and positive spring bull sale results point towards strengthening of the national beef herd rebuild, Meat & Livestock Australia says.
The female slaughter rate (FSR) is a technical lead indicator of whether the national herd is operating in a rebuild or liquidation stage. The FSR tracks the number of female cattle processed compared with the total as a percentage.
In the June quarter, albeit slightly higher the lowest figure in a decade in Q1, the national FSR sat at 44pc. Over the past 12 months, the FSR has averaged 44pc nationally which supports MLA’s current…