Article by
Andrew Shearer-Smith
1 mins

Cattle on feed in Australia hits new record

The growing strength of the Australian beef cattle lot feeding sector can be seen in the numbers. The March quarter feedlot industry survey figures confirmed a new record number of cattle on feed at $1.27 million. However it remains to be seen whether this trend continues or whether we will see a temporary peak with recently rising grain prices and stubbornly high cattle prices tempering demand for feedlot space.
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