Record beef production forecast as national herd stabilises: MLA 2025 Cattle projections update

The world’s first ultra-premium lamb brings lamb dining to a new level

• National yardings decreased 3%, driven by reduced supply from southern states’ anticipation of rain.
• Restocker demand surged in NSW, increasing the National Restocker Lamb Indicator to 1,088¢/kg carcase weight (cwt).
• National cattle slaughter surpassed 150,000 head, mostly influenced by an 8% Queensland lift.

Lamb supply dynamics shape the market

What’s driving Australia’s feedlot momentum?