Australia: Beef cattle are on the rise again

Australian cattle markets are facing a crucial year in 2023, partly because there has been no La Niña weather phenomenon for four years in a row. Slaughter numbers continue to fall Therefore, the number of cattle slaughtered in Australia started in 2022 with 72,477 animals per week. The 100,000 slaughters per week were exceeded only three times in July and August. However, in the last week of November, 105,093 cattle were slaughtered, the highest number this year. The drought in Australia in 2019 prompted farmers to disperse their herds, bringing the annual number of slaughters to 8.5 million animals. However, that number has since declined due to La Niña bringing above-average rainfall. As a result, slaughters fell by 44 percent. to 4.8 million animals in 2021. According to the forecast, slaughters in 2022 are likely to continue to decline and amount to 4.23 million heads. Livestock increase by 5.6 percent. According to the Australian Bureau of Statistics, there were 24.4 million ...