Numbers on feed stay above million mark
For the first time, every quarter saw numbers on feed above the one million mark in 2018.
The results of the latest ALFA/MLA National Accredited Feedlot Survey show numbers on feed at the end of the December 2018 quarter sat at 1.11 million head, down 1% on the previous quarter.
High numbers on feed throughout 2018 resulted in increased grainfed cattle turn-off, contributing to an important proportion of production in a challenging year.
Grainfed beef exports for 2018 surpassed 300,000 tonnes shipped weight to set a new calendar year record. Added to heightened turn-off, strong demand in north Asian markets, combined with favourable movements in the Australian dollar, supported the lift.
More information:
Read the latest quarterly MLA/ALFA lot feeding brief here.