Tasmania Online FarmPoint Tasmania
 
Advanced Search
Printer Friendly Page 

MLA projections for the cattle and sheep industries

Key summary points:

Cattle

  • 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.

Sheep

  • 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.

To subscribe to regular market information, visit - mla.com.au/prices-markets