ABS data shows livestock slaughter is up and saleyard values are down

ABS statistics for the September quarter shows sheep slaughter decreased by 18.1 per cent to 2.1 million head, with the decrease largely due to elevated lamb slaughter reducing sheep processing capacity. Photo by Jayme Lowndes

The latest livestock products data from the Australian Bureau of Statistics shows Australia has entered a destocking phase for cattle and sheep, according to Meat & Livestock Australia.

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