This year’s Cattle Annual Review has just been released. Dry seasonal conditions, particularly across New South Wales and southern Queensland, have prompted many of Australia’s beef producers to reduce herd sizes and increase slaughter rates.
Watch the overview here - https://youtu.be/NAQ381Ddfc8
Despite producers entering 2018 with the intention to retain stock and rebuild herds, below-average rainfall, the deterioration of pastures and rising feed costs have caused slaughter levels to rise 9.5 per cent year-on-year.
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The Australian Cattle Annual Review provides producers and industry with a concise analysis on local and international cattle production, prices, demand, exports, seasonal conditions and financial performance.
You can view the full Australian Cattle Annual Review 2018 here https://www.ruralbank.com.au/assets/responsive/pdf/publications/cattle-review-18.pdf
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