“Processors remain constrained as they balance the decision to increase shifts with available cattle numbers and demand in end markets. As such, weekly cattle slaughter has been range-bound at around 120,000 per week. Our expectations are that when supply chains start to clear and product starts to move more freely, given the additional cattle numbers on the ground, we will see processing capacity lift and Australian production take another step up,” Mr Gidley-Baird said.
