CATTLE numbers on feed across the Australian grainfed beef industry have set a new record, with the December quarter feedlot survey showing just short of 1.3 million head.
The result (1,294,531 head, to be exact) was up more than 36,000 head or three percent from the September quarter, and almost 150,000 head more than this time last year.
Feeding capacity also set a new record in December.
While numbers on feed in NSW, SA, and WA surged, Queensland and Victorian figures declined over the quarter. Dry conditions had already pushed more Queensland cattle into feedyards during the September…
