News

Australian cattle herd destocking with record slaughter rates

20/11/2024

Australia's cattle herd is officially in destock, with the female slaughter rate reaching 52.2%, according to ABS data analysed by Meat & Livestock Australia (MLA). Last quarter’s slaughter hit 2.24 million head, the highest since 2015, with national rates up 6% from the previous quarter and 17% year-on-year.

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