- National herd continues to grow, reaching its highest level in a decade.
- Prices are expected to operate at 10-year averages for the remainder of 2023.
- Cattle slaughter forecast to rise strongly from 2022 lows as processing capacity improves.
Key year-on-year numbers
- Herd is up to 28.7 million head.
- Slaughter is up to 6.95 million head.
- Carcase weights down to 316kg/head.
- Production up to 2.2 million tonnes cwt.