ON FARM NATIONAL State of play State of the Industry 2018: the Australian red meat and livestock industry has been published by MLA. The report captures where our industry sits in terms of economic significance, consumption, production, imports and exports. Download the full report: mla.com.au/stateofindustry18 THE ECONOMIC IMPORTANCE OF THE AUSTRALIAN RED MEAT AND LIVESTOCK INDUSTRY $65 billion $18.4 billion 82,500 $13.3 billion industry turnover in value adding to industry businesses value of industry exports in 2016–17 in 2016–17 in 2016–17 in 2016–17 191,800 + 246,300 = 438,100 direct employment indirect employment total employment in 2016–17 (EY, IBISWorld) BEEF l SHEEPMEAT S GOATMEAT G • At 30 June 2017, the Australian cattle• At 30 June 2017, Australia’s sheep• Australian goat slaughter increased herd was 26.2 million head – up flock was 72.1 million head – up 6.8% 7% year-on-year in 2017, 4.8% year-on-year (ABS). year-on-year (ABS). to 2.1 million head (ABS). • Adult cattle slaughter totalled • Lamb slaughter totalled 22.4 million • Australian goatmeat exports 7.2 million head in 2017 – down 2% head in 2017 – down 2% year-on-year, increased 6% year-on-year in 2017, on the previous year and 13% below while sheep slaughter increased 8%, to 28,426 tonnes swt (DAWR). the five-year average (ABS). to 7.5 million head (ABS). • Australia exported 91% of the • Australia exported 69% of the beef• Australia exported 59% of lamb and 95%goatmeat it produced in 2017 and veal it produced in 2017 of mutton produced in 2017 (ABS, DAWR).(ABS, DAWR). (ABS, DAWR). • The national trade lamb saleyard • The over-the-hooks goat (12–16kg) • The national trade steer saleyard indicator increased 13% year-on-year indicator averaged 585¢/kg cwt in indicator declined 4% year-on-year inin 2017, to average 629¢/kg cwt(MLA). 2017 – up 5% year-on-year (MLA). 2017, to average 595¢/kg cwt (MLA).• The national mutton saleyard indicator increased 28% in 2017 year-on-year, to average 446¢/kg cwt (MLA). THE OPERATING ENVIRONMENT Australia has a small Total world meat Australia is a key player proportion of the consumption continues in the global meat world’s cattle and to increase export market sheep inventory Over the past two decades, total The third largest beef exporter in 2017 Around 2% of the global cattle herdglobal consumption increased at an (DAWR, IHS Markit, Global Trade Atlas). (ABS, FAO). average rate of 2% per year for The largest exporter of sheepmeat in 2017 sheepmeat, 1% for beef, 4% for poultry(DAWR, IHS Markit, GlobalTrade Atlas, Comtrade). Around 6% of the global sheep flockand 2% for pork (OECD-FAO). (ABS, FAO). The largest exporter of goatmeat in 2016 (DAWR, FAO). 31