CATTLE numbers on feed across Australia eased during the second quarter ended 30 June, but remain the third highest on record.
The latest quarterly feedlot survey compiled by MLA and the Australian Lot Feeders Association shows numbers easing by 74,000 head or six percent since March to 1.195 million head.
While numerous headwinds such as increasing input costs for energy, fuel, cattle and grain were prominent, national feedlot capacity remained resilient, easing by 13,668 head to 1.472 million head – the second highest figure on record.
In line with slightly lower numbers on feed and…
