As 2023 draws to a close, the cattle market looks to be adding a final twist to one of the more interesting years on record.

ADVERTISEMENTS
AuctionsPlus recently joined 250 passionate delegates from across the beef supply chain at the Young Beef Producers Forum.
Beef production volumes in the southern hemisphere continue to increase against a global trend of production decline.
The Australian Bureau of Statistics have released their livestock slaughter and meat production volumes for the third quarter of 2...
At the Young Beef Producers Forum, the next generation of farmers showed how keen they were to embrace new tools and ‘take the reins’ of the industry.
Rabobank believes cattle prices have now found a floor and levelled out, and expect slaughter numbers to increase in the first quarter of 2024. 
Following the most recent quarterly measure, the market is just 0.3% away from signalling a herd liquidation phase has begun.
Before you make any big decisions, take a look at your Key Performance Indicators (KPIs) to see how they can help your business make informed decisions.
Compared to the five-year average levels for the September quarter the current cattle on feed numbers are running nearly 16% above the September average
Analysis of the AuctionsPlus sales data shows which breeds have fallen the most and the least.
Back in August 2023, the US wrestled top spot from Japan and now in October, China has pushed them further down the pecking order.
Over 2023 so far, average live cattle export volumes are running 36% below the five-year seasonal pattern, with a total of 50,351 head being shipped each month on average this year.
Feed management is the key to optimising production and ensuring financial sustainability. It can also help overcome decision paralysis in times of drought.

Sign up to our weekly news updates

Connecting with communities across regional and rural Australia.