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MLA projections for the cattle and sheep industries

Key summary points:


  • ongoing herd rebuild to restrict cattle flow in 2018
  • adult slaughter expected to lift 3% to 7.4 million head
  • cattle on feed forecast to ease after a record year in 2017
  • strong competition from US and Brazil to place pressure on global prices.


  • strong international demand expected to continue to support lamb and mutton prices
  • lamb exports anticipated to pull back slightly, while shipment volumes forecast to build to new highs in 2019 and beyond as production increases
  • producers continue to rebuild the national flock, leading to a slight decline in sheep and lamb slaughter as retention increases.

Read the projections in full

Meat and Livestock Australia provides a range of market information services including daily red meat market news updates, regional saleyard reports, live export information and price indicators.

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