Trade4go Summary
The National Livestock Reporting Service (NLRS) National Slaughter Report provides a detailed account of weekly slaughter trends for lambs, sheep, and cattle, offering insights that complement the quarterly reports by the Australian Bureau of Statistics. The first half of 2024 has witnessed remarkable increases in slaughter numbers compared to the previous year and the five-year average, with lambs leading the surge at 27% and 24% above the respective periods. Sheep and cattle slaughter also showed significant growth, totaling 17% and 21% above the previous year, respectively. The 2023–24 supply has been strong, with fluctuating trends depending on the market demand and pricing disparities between lamb and mutton. The current reduction in lamb throughput is expected to influence processing numbers until new season lambs are available, mirroring trends from 2019. Cattle slaughter numbers have consistently been above five-year averages, reflecting stable lot feeding industry and efficient production systems.
Disclaimer: The above summary was generated by a state-of-the-art LLM model and is intended for informational purposes only. It is recommended that readers refer to the original article for more context.
Original content
The National Livestock Reporting Service (NLRS) National Slaughter Report is a voluntary weekly slaughter report from processors nationwide. Weekly data collation provides a platform to track weekly slaughter trends beyond the delayed quarterly results published by the Australian Bureau of Statistics (ABS). Historically, the NLRS has covered approximately 80% of national slaughter when compared to ABS results. Flock and herd sizes remained at long-term highs this year, and it’s anticipated this trend will continue due to a high production year in 2024. This table shows the first six months of NLRS lamb, sheep and cattle slaughter figures. Lamb Weekly NLRS lamb slaughter continued to break records throughout 2024, tipping 500,000 seven times. The most significant reported slaughter was during June at 511,102 head. Average weekly slaughter remained above long-term trends at 467,259. Year-to-date, NLRS has reported over 12.6 million head , which is 27% above last year’s slaughter ...
Mla
Jul 13th, 2024
