Australia’s cattle, sheep and goat markets are being impacted by very high production numbers, compounded by already large volumes of meat in congested supply chains, according to the latest update from agricultural analysts at Rabobank.
Cattle
Although still a way off 2018 and 2019, Australia has recorded the highest female second quarter slaughter numbers since 2020 (up 26 per cent year on year).
Angus Gidley-Baird
This indicates that maybe the industry has moved through the whole herd-rebuild phase and producers are starting to make decisions about how many cattle they want on the…
