DESPITE relatively low rates of slaughter across Australia this year due to herd rebuilding, second quarter adult slaughter cattle value outlaid by beef processors reached record levels, data released by the Australian Bureau of Statistics shows.
The ABS production figures for the second quarter ended June 30 provided insights on slaughter, production, value and carcase weight for cattle for the 2022 financial year. The data covers both beef and dairy adult cattle slaughterings.
The second quarter recorded the highest value for cattle slaughtered ever, hitting $3.853 billion, 20 percent…
