Australia’s latest feedlot survey results, published by the Australian Lot Feeders’ Association (ALFA) and Meat & Livestock Australia (MLA), show numbers of cattle on feed rising by 1.1% to 1,158,240 head in the March quarter. Previous cattle price buy-in pressures together with stubbornly low utilisation rates across the quarter has meant cattle on feed has remained steady – which analysts said was a theme likely to continue in the short term. Numbers on feed in Victoria, NSW and WA rose by 29%, 23% and 10% respectively, while Queensland numbers dropped 4.6% or 31,096 head across the quarter. Read more.