Slaughter pivots towards sheep as lamb supply tightens across Australia

Published Sep 13, 2024

Tridge summary

Australia has seen a decrease in lamb slaughter numbers, falling below last year's levels, despite remaining above the five-year average. This decline is attributed to processor shutdowns and fewer lambs available. Concurrently, sheep slaughter numbers have risen. Despite the drop, lamb slaughter this year is still 17% higher than last year and 26% higher than the five-year average. Meanwhile, mutton slaughter has surged by 14% and 49% respectively from the previous year and the five-year average. The reduction in lamb numbers is expected to result in a tighter supply of slaughter-ready lambs, particularly heavy weight ones. However, there may be consumer resistance to the rising prices, and exports to China and the Middle East have already seen a decrease likely due to high prices.
Disclaimer: The above summary was generated by Tridge's proprietary AI model for informational purposes.

Original content

Lamb slaughter numbers dropped back through August. Lamb slaughter numbers have dropped back across Australia, with multiple processor shutdowns and fewer lambs on the ground playing a key role. Sheep slaughter meanwhile however has trended up. Even with the drop in numbers, lamb slaughter remains above the five-year average though is lower than levels seen at the same time last year. This year lamb slaughter has been 17 per cent up on last year and 26 per cent on the five-year average, while mutton slaughter has been 14 per cent up on last year and 49pc higher than the five-year average, Elders business intelligence analyst Richard Koch said. "Lamb slaughter had been pretty high up until the last month or so, now it's starting to fall back towards the five-year average," he said. "There's a combination of things... the tough spring last year and the poor prices encouraged people to liquidate some of their flocks so we saw that in the latter half of 2023 and that's why you're ...
By clicking “Accept Cookies,” I agree to provide cookies for statistical and personalized preference purposes. To learn more about our cookies, please read our Privacy Policy.