THE growth of the Australian cattle herd is on track to continue throughout 2023, resulting in a high supply of both young cattle and finished weight animals to market well into 2024.
Meat & Livestock Australia’s latest mid-year Cattle Industry Projections update released today suggests the national cattle herd will reach its highest level since 2014 at 28.7 million head by year’s end.
Beef production is forecast to strongly increase this year as a result of improvement in processing capacity so far in 2023, higher slaughter cattle supply and historically elevated carcase…
