THE Australian beef industry has fallen just short of entering ‘official’ herd reduction following the release of latest quarterly Australian Bureau of Statistics livestock slaughter and meat production volume data this morning.
Third quarter (ended 30 September) data allows measurement of the Female Slaughter Ratio (FSR) for cattle to see how the herd cycle is progressing.
Historically, an annual FSR above 47 percent indicates that Australia’s national beef herd is liquidating, while a lower number indicates a herd in rebuild mode.
Matt Dalgleish from Episode 3 reports that the…
