INDEPENDENT meat and livestock industry analyst Simon Quilty thinks Meat & Livestock Australia’s recent 2023 beef herd estimate may be close to three million head too high.
Mr Quilty, from Global Agritrends, is one of a number of industry stakeholders who have raised questions about the herd estimate over the past week.
“I cannot overstate how important it is that MLA gets these numbers right,” he said.
“It is misleading to have herd size numbers that don’t make sense. Over-inflated figures send the wrong market signals globally and lead to poor decisions on-farm and off-farm…
