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Australian sheepmeat production declined during the 2025/26 financial year as livestock availability tightened significantly. Lamb slaughter fell 15.3% year-on-year to 22.075 million head, while lamb production declined 11.2% to 554,658 tons. Despite the drop, it remained the fourth-highest annual lamb production volume on record.
Aug 25, 2026
Australia produced a record 2.985 million tons of beef during the 2025/26 financial year, up 8.6% year-on-year, according to Australian Bureau of Statistics (ABS) data released by Meat & Livestock Australia (MLA).
Aug 25, 2026
Australia processed almost 9.6 million cattle during the 2025/26 financial year, the highest volume since 1978, according to Meat & Livestock Australia (MLA). The result exceeded MLA’s March projection of 9.45 million head for the full 2026 calendar year.
Last update 08/17/2026
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Australian sheepmeat production declined during the 2025/26 financial year as livestock availability tightened significantly. Lamb slaughter fell 15.3% year-on-year to 22.075 million head, while lamb production declined 11.2% to 554,658 tons. Despite the drop, it remained the fourth-highest annual lamb production volume on record.
Australia produced a record 2.985 million tons of beef during the 2025/26 financial year, up 8.6% year-on-year, according to Australian Bureau of Statistics (ABS) data released by Meat & Livestock Australia (MLA).
Australia processed almost 9.6 million cattle during the 2025/26 financial year, the highest volume since 1978, according to Meat & Livestock Australia (MLA). The result exceeded MLA’s March projection of 9.45 million head for the full 2026 calendar year.
A case of classical BSE was detected through routine surveillance in Scotland and confirmed on August 19 following two positive laboratory tests. The animal did not enter the food chain, and authorities ruled out any risk to human health.
According to the USDA weekly report, US beef import prices were sharply lower compared with the previous market test, with some instances moderately lower.
The sharp decline in fed cattle values has pushed feedlot closeouts into negative territory, while processors regain leverage following recent reductions in slaughter capacity.
Fed cattle supplies are still expected to remain tight through year-end, but plant closures could alter the balance between feeders and packers.
US commercial red meat production totaled 4.287 billion pounds (1.94 million metric tons) in July, down 2% from the same month in 2025, according to USDA data reported by Brownfield Ag News. The decline was primarily driven by tighter cattle supplies.
The inventory of cattle and calves on feed for the slaughter market in US feedlots with capacity of 1,000 head or more totaled 11.1 million head on August 1, 2026, up 2% from August 1, 2025.
Sheep slaughter fell sharply last week, when San Jacinto was the only plant to record significant activity in this category.
