A Year of Growth for Australia’s Livestock Sector: Record Production Achieved
TL;DR: In 2023, the Australian livestock sector experienced unprecedented growth, setting new records in lamb production and slaughter, according to the latest quarterly statistics released by the Australian Bureau of Statistics (ABS). The country produced a historic high of 599,461 tonnes of lamb, making more products available both domestically and for key export markets. The […]
Challenges Loom Despite Surge in Australian Cattle Exports to China
TL;DR: In January, Australian cattle exports to China experienced a significant increase, reaching a record 28,806 head, the highest monthly volume since records began in 2016. This surge included two large shipments from Australian exporters, primarily of dairy heifers and Angus and Hereford breeding cattle. Despite this uptick, the market conditions in China presented a […]
Stability in Beef Prices Despite Recent Drops, as Queensland Prepares for Increased Slaughter Rates
TL;DR: In the wake of a 10c/kg decrease last week, beef grid prices across Eastern Australia have found a steady footing this week. Queensland processors currently offer 500-510c/kg for heavy cows and 550c/kg for heavy grass four-tooth steers, with Central Queensland rates closely matching or trailing by 10c. This price stabilisation comes amidst expectations of […]
Australian Red Meat Industry Hits Record Production in Beef and Lamb
TL;DR: In 2023, the Australian red meat industry celebrated another milestone year, setting new records in both lamb and beef production. The Australian Bureau of Statistics (ABS) released figures showing a remarkable increase in meat production, with lamb production reaching 246,003 tonnes, a 12.05% rise from the previous year. This surge was highlighted by the […]
Live Sheep Export Uncertainty Affects Investment Amid Emerging New Markets
TL;DR: The Australian live sheep export industry is currently facing a period of uncertainty due to the Federal Government’s proposed timeline for phasing out live sheep exports by sea. This uncertainty is affecting investment decisions at a time when new markets for Australian sheep and cattle are beginning to emerge. Geoff Pearson, president of the […]
Weekly Market Wrap: Cattle and Sheep Trends
TL;DR: This week’s cattle and sheep market has presented a mix of trends, according to the latest report from Meat & Livestock Australia. In the cattle sector, there was a general easing across most indicators, with a notable decrease in yardings. The heavy steer indicator remained stable, while the dairy cow indicator saw an improvement. […]
AI and UV Innovations Enhance Personal Hygiene in Processing Facilities
TL;DR: To bolster personal hygiene practices within processing facilities, the Australian Meat Processor Corporation (AMPC) is nearing the completion of an innovative project. This initiative, situated at the Casino Food Co-op Retail Ready Value Add Processing Plant, a key player in the Australian retail sector, integrates advanced AI technology and UV sanitisation methods to mitigate […]
Shadow Robots: A Leap Towards Futuristic Processing Operations
TL;DR: The Australian Meat Processor Corporation (AMPC) is on the brink of revolutionising processing operations with its shadow robot system, moving closer to commercialisation. Recent developments in AMPC’s research and development have yielded positive outcomes during a plant trial at JBS Brooklyn, conducted by research partner Mimeo Industrial in October. This trial aimed to integrate […]
Australian Dairy Farm to Cull 700 Cows After Milk Contract Cancelled
TL;DR: In a significant development impacting Australia’s dairy sector, Van Dairy Limited (VDL), one of the country’s largest dairy farms located in Tasmania, has announced plans to cull approximately 700 cows. This decision comes as a direct response to losing a crucial milk supply contract with Fonterra, a leading milk processor. The contract, which accounted […]
Surge in US Imported Manufacturing Beef Prices: Implications for Global Markets
TL;DR: The United States has seen a notable increase in imported manufacturing beef prices, a trend some market analysts interpret as an early indicator of supply stress. This stress stems from the US beef herd dwindling to its lowest levels in four decades, primarily due to prolonged drought conditions. In Australian currency, the price for […]
