{"id":19520,"date":"2023-12-01T10:07:12","date_gmt":"2023-12-01T10:07:12","guid":{"rendered":"https:\/\/www.selinawamucii.com\/news\/?p=19520"},"modified":"2023-12-01T10:07:25","modified_gmt":"2023-12-01T10:07:25","slug":"cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer","status":"publish","type":"post","link":"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/","title":{"rendered":"Cattle, Sheep prices tumble as Australia braces for an El Ni\u00f1o summer\u00a0"},"content":{"rendered":"\n

Australia\u2019s beef and mutton have attracted a significant price tumble<\/u><\/a> just ahead of a possible El Ni\u00f1o summer. <\/p>\n\n\n\n

Aussie beef cattle have been netting a meagre A$ 2.20<\/u><\/a> ($1.46) a kilo since October 2023. This is a 150% drop from the 2021 high of A$3.50 ($2.12) per kg.<\/p>\n\n\n\n

For sheep, producer rates have fallen from the A$6.50 ($4.31) peak of 2021 to A$4.50 ($2.98) per kilogram. This is a 70% <\/u><\/a>fall in the past 12 months.<\/p>\n\n\n\n

Rising Cattle Numbers<\/strong><\/strong><\/h3>\n\n\n\n

To compound the price question, cattle numbers have risen drastically. New data by the Meat & Livestock Australia (MLA) highlights a decade-best cattle number of 28.7 million<\/u><\/a> in 2023. This will be the highest climb in cattle population since the 2014 apex.<\/p>\n\n\n\n

MLA\u2019s revised 2023 projections for cattle slaughters shows a 5% increase in domestic meat production, above the agency\u2019s earlier projections for the year. Hence, a record 6.95 million heads of cattle will be up for slaughter in 2023.<\/p>\n\n\n\n

Besides, not only are there surplus young heifers and bulls, but their average carcasse weights have also increased in 2023.<\/p>\n\n\n\n

Livestock Increment Versus El Ni\u00f1o Drought<\/strong><\/strong><\/h3>\n\n\n\n

With the above glut in market cattle that will last through 2024, farmers are in a rush to sell them.  Many hope to beat the summer that usually follows the El Ni\u00f1o before it decimates the available grass.<\/p>\n\n\n\n

Australia\u2019s entire sheep flock has reached 78.75 million heads in 2023 and with pasture shortage, producers are culling <\/u><\/a>it. <\/p>\n\n\n\n

The A$75 billion ($49.74 billion) livestock and meat sector of Australia is feeling the pinch mostly at the grassroots level. At this level, farmers are wary of selling stock at the current give-away prices. Yet, sell they must if part of the stock will have enough fodder to survive the upcoming hot spell. <\/p>\n\n\n\n

Farmers are looking back to the devastating summer bushfire<\/u><\/a> stint of 2019-20 that followed consecutive La Ni\u00f1a and El Ni\u00f1o events. <\/p>\n\n\n\n

Bush fire-prone and livestock-dependant Queensland, <\/u><\/a>which raises stocks depending on the availability of pastures is, especially, keeping a weather-eye.<\/p>\n\n\n\n

This is another reason why many cattle and sheep keepers are keen to get out some of the stock to reduce climatic losses.<\/p>\n\n\n\n

Exports Offer Last Resort <\/strong><\/strong><\/h3>\n\n\n\n

Australian meat producers are shipping abroad where there is price solace. Unlike domestic prices, export prices for beef and lamb are stable, with the 2023 global average at $5.25 per kg <\/u><\/a>for beef.  <\/p>\n\n\n\n

Luckily, Australia is a consistent leader in meat exports. It rakes in A$3.77 billion ($2.5 billion) from beef and A4.52 billion ($3 billion) from lamb\/mutton<\/u><\/a> shipments, yearly.<\/p>\n\n\n\n

A major cash cow for the Aussie meat exports is the United States, now experiencing a fall in domestic beef output.<\/p>\n\n\n\n

In short, this has to be the rush hour for Australia\u2019s beef cattle and mutton producers before the summer strikes.<\/p>\n","protected":false},"excerpt":{"rendered":"

Australia\u2019s beef and mutton have attracted a significant price tumble just ahead of a possible El Ni\u00f1o summer.  Aussie beef cattle have been netting a meagre A$ 2.20 ($1.46) a kilo since October 2023. This is a 150% drop from the 2021 high of A$3.50 ($2.12) per kg. For sheep, producer rates have fallen from the A$6.50 ($4.31) peak…<\/p>\n","protected":false},"author":3,"featured_media":19260,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"\nCattle, Sheep prices tumble as Australia braces for an El Ni\u00f1o summer\u00a0 - Selina Wamucii | Food & Agriculture News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Cattle, Sheep prices tumble as Australia braces for an El Ni\u00f1o summer\u00a0 - Selina Wamucii | Food & Agriculture News\" \/>\n<meta property=\"og:description\" content=\"Australia\u2019s beef and mutton have attracted a significant price tumble just ahead of a possible El Ni\u00f1o summer.  Aussie beef cattle have been netting a meagre A$ 2.20 ($1.46) a kilo since October 2023. This is a 150% drop from the 2021 high of A$3.50 ($2.12) per kg. For sheep, producer rates have fallen from the A$6.50 ($4.31) peak...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/\" \/>\n<meta property=\"og:site_name\" content=\"Selina Wamucii | Food & Agriculture News\" \/>\n<meta property=\"article:published_time\" content=\"2023-12-01T10:07:12+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-12-01T10:07:25+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.selinawamucii.com\/news\/wp-content\/uploads\/2023\/09\/Beef_cattle_on_Eefie_Hill_-_geograph.org_.uk_-_236732.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"640\" \/>\n\t<meta property=\"og:image:height\" content=\"425\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Timothy Wahome\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Timothy Wahome\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/\",\"url\":\"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/\",\"name\":\"Cattle, Sheep prices tumble as Australia braces for an El Ni\u00f1o summer\u00a0 - Selina Wamucii | Food & Agriculture News\",\"isPartOf\":{\"@id\":\"https:\/\/www.selinawamucii.com\/news\/#website\"},\"datePublished\":\"2023-12-01T10:07:12+00:00\",\"dateModified\":\"2023-12-01T10:07:25+00:00\",\"author\":{\"@id\":\"https:\/\/www.selinawamucii.com\/news\/#\/schema\/person\/8c0aad9a1f85037798080d75b4302cf8\"},\"breadcrumb\":{\"@id\":\"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.selinawamucii.com\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Cattle, Sheep prices tumble as Australia braces for an El Ni\u00f1o summer\u00a0\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.selinawamucii.com\/news\/#website\",\"url\":\"https:\/\/www.selinawamucii.com\/news\/\",\"name\":\"Selina Wamucii | Food & Agriculture News\",\"description\":\"Discover the Latest in Food and Agriculture.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.selinawamucii.com\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.selinawamucii.com\/news\/#\/schema\/person\/8c0aad9a1f85037798080d75b4302cf8\",\"name\":\"Timothy Wahome\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.selinawamucii.com\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/636da6c8288b7dcaef01a42b50c3bc41?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/636da6c8288b7dcaef01a42b50c3bc41?s=96&d=mm&r=g\",\"caption\":\"Timothy Wahome\"},\"url\":\"https:\/\/www.selinawamucii.com\/news\/author\/twt4wahomegmail-com\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Cattle, Sheep prices tumble as Australia braces for an El Ni\u00f1o summer\u00a0 - Selina Wamucii | Food & Agriculture News","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/","og_locale":"en_US","og_type":"article","og_title":"Cattle, Sheep prices tumble as Australia braces for an El Ni\u00f1o summer\u00a0 - Selina Wamucii | Food & Agriculture News","og_description":"Australia\u2019s beef and mutton have attracted a significant price tumble just ahead of a possible El Ni\u00f1o summer.  Aussie beef cattle have been netting a meagre A$ 2.20 ($1.46) a kilo since October 2023. This is a 150% drop from the 2021 high of A$3.50 ($2.12) per kg. For sheep, producer rates have fallen from the A$6.50 ($4.31) peak...","og_url":"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/","og_site_name":"Selina Wamucii | Food & Agriculture News","article_published_time":"2023-12-01T10:07:12+00:00","article_modified_time":"2023-12-01T10:07:25+00:00","og_image":[{"width":640,"height":425,"url":"https:\/\/www.selinawamucii.com\/news\/wp-content\/uploads\/2023\/09\/Beef_cattle_on_Eefie_Hill_-_geograph.org_.uk_-_236732.jpg","type":"image\/jpeg"}],"author":"Timothy Wahome","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Timothy Wahome","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/","url":"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/","name":"Cattle, Sheep prices tumble as Australia braces for an El Ni\u00f1o summer\u00a0 - Selina Wamucii | Food & Agriculture News","isPartOf":{"@id":"https:\/\/www.selinawamucii.com\/news\/#website"},"datePublished":"2023-12-01T10:07:12+00:00","dateModified":"2023-12-01T10:07:25+00:00","author":{"@id":"https:\/\/www.selinawamucii.com\/news\/#\/schema\/person\/8c0aad9a1f85037798080d75b4302cf8"},"breadcrumb":{"@id":"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.selinawamucii.com\/news\/2023\/12\/01\/cattle-sheep-prices-tumble-as-australia-braces-for-an-el-nino-summer\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.selinawamucii.com\/news\/"},{"@type":"ListItem","position":2,"name":"Cattle, Sheep prices tumble as Australia braces for an El Ni\u00f1o summer\u00a0"}]},{"@type":"WebSite","@id":"https:\/\/www.selinawamucii.com\/news\/#website","url":"https:\/\/www.selinawamucii.com\/news\/","name":"Selina Wamucii | Food & Agriculture News","description":"Discover the Latest in Food and Agriculture.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.selinawamucii.com\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.selinawamucii.com\/news\/#\/schema\/person\/8c0aad9a1f85037798080d75b4302cf8","name":"Timothy Wahome","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.selinawamucii.com\/news\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/636da6c8288b7dcaef01a42b50c3bc41?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/636da6c8288b7dcaef01a42b50c3bc41?s=96&d=mm&r=g","caption":"Timothy Wahome"},"url":"https:\/\/www.selinawamucii.com\/news\/author\/twt4wahomegmail-com\/"}]}},"_links":{"self":[{"href":"https:\/\/www.selinawamucii.com\/news\/wp-json\/wp\/v2\/posts\/19520"}],"collection":[{"href":"https:\/\/www.selinawamucii.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.selinawamucii.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.selinawamucii.com\/news\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.selinawamucii.com\/news\/wp-json\/wp\/v2\/comments?post=19520"}],"version-history":[{"count":1,"href":"https:\/\/www.selinawamucii.com\/news\/wp-json\/wp\/v2\/posts\/19520\/revisions"}],"predecessor-version":[{"id":19521,"href":"https:\/\/www.selinawamucii.com\/news\/wp-json\/wp\/v2\/posts\/19520\/revisions\/19521"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.selinawamucii.com\/news\/wp-json\/wp\/v2\/media\/19260"}],"wp:attachment":[{"href":"https:\/\/www.selinawamucii.com\/news\/wp-json\/wp\/v2\/media?parent=19520"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.selinawamucii.com\/news\/wp-json\/wp\/v2\/categories?post=19520"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.selinawamucii.com\/news\/wp-json\/wp\/v2\/tags?post=19520"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}