Latest data shows increasing livestock slaughter

Tuesday, November 21st 2023

The latest livestock products data from the Australian Bureau of Statistics (ABS) shows Australia has entered a destocking phase for cattle and sheep, according to Meat & Livestock Australia (MLA).

MLA Manager – Market Information, Stephen Bignell, said the ABS numbers were reflective of the drier conditions experienced in many parts of Australia over winter and producers’ response to the forecast El Nino summer.

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