A total of above one million cattle on feed in Australia was recorded for the December 2022 quarter

Published 2023년 2월 20일

Tridge summary

The Australian Lot Feeders' Association and Meat & Livestock Australia have released data showing that Australia's cattle on feed has remained above 1 million head for the 20th quarter in a row. The December 2022 quarter saw a total of 1,145,228 cattle on feed, an increase of 89,172 from the previous quarter. Each state also recorded increases in cattle on feed. Despite challenges such as high labour and energy costs, and a weak global economic outlook, the feedlot industry has seen record growth, with national capacity hitting 1.532 million head in 2022, a new industry record. Feedlot utilisation rates also improved in late 2022, lifting by 5% to 75%.

Disclaimer:The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

A total of 1,145,228 cattle on feed in Australia was recorded for the December 2022 quarter. File picture The latest national feedlot survey results, published by the Australian Lot Feeders' Association and Meat & Livestock Australia demonstrate the 20th quarter in a row where cattle on feed have remained above 1 million head; setting what has become the new normal for the feedlot industry. In all, a total of 1,145,228 cattle on feed in Australia was recorded for the December 2022 quarter, an increase of 89,172 on the previous quarter. Each state recorded increases in cattle on feed. Queensland feedlots lead the way with an increase of 7.9 per cent to 675,872 head, New South Wales increased by 4.4pc to 318,905 head, Victoria increased by 9.5pc to 49,404 head, South Australia increased by 7.7pc to 41,812 head, and Western Australia increased by 46.6pc to 59,235 head. ALFA President Barb Madden said she was pleased to see the results show cattle on feed finishing 2022 with over 1 ...

Source: Queenslandcountrylife