The price of sheep livestock in Australia will continue to rise, and no recovery of the census is expected until 2027

It is expected that throughout this year 2025, the sheep livestock census in Australia will be reduced by 9% due to drought, causing record prices in cattle purchases, especially for young animals. The situation is such that according to Meat & Livestock Australia (MLA), farmers in Victoria and South Australia were forced to sell sheep because feed became scarce. MLA's market information manager, Steve Bignall, confirmed that the reduction is verified by a survey sent to ranchers who responded that fewer animals are expected in the next 12 months, and no recovery of the census is expected until 2027. This situation is leading to record prices in sheep livestock sales. An example is a recent operation in ...