| EAST GIPPSLAND NEWSPAPERS 14 BEEF WEEK 2025 THURSDAY, JANUARY 30, 2025 Growing optimism 2SWLPLVP DQG FRQȴdence continue to grow for Australian beef producers, with overall sentiment liftLQJ VLJQLȴFDQWO\ VLQFH months ago, according to the latest Beef Producer ΖQWHQWLRQV 6XUYH\ %3Ζ6 from Meat & Livestock Australia. The survey is run three times a year by MLA with the latest survey just released and reporting on data collected between October and December 2024. Positive industry sentiment has lifted to 47 per cent for this survey, compared to 11 per cent from 12 months earlier and 34 per cent from April 2024. The survey spoke to over 3400 grassfed beef cattle producers and covers producer sentiment and intenWLRQV KHUG SURȴOH EUHHG GHmographics, sales channels, and expected sales for 2025. "Producer sentiment has lifted across all states compared to last year," manager for market information at MLA, Stephen Bignell, said. "For example, positive sentiment in Queensland has lifted to 59 points and New South Wales sentiment has also lifted to 51 points. "Strong sentiment beWZHHQ VWDWHV UHȵHFWV WKH better conditions and prices contributing to the improved outlook, leading to improved producer sentiment and intentions over the next 12 months." At the producer level, there is an overall intention to increase the on-farm grassfed adult beef cattle herd in the next 12 months with: - 45 per cent indicating they would increase their herd size - 16 per cent indicating it would remain unchanged; and - 39 per cent indicating they would decrease their herd size. "This represents another lift in intentions from the last BPIS survey in April 2024 and from 12 months earlier," Mr Bignell said. "While the results do not indicate producers have all shifted to a rebuild focus, there has been a noticeable shift away from herd reductions." When asked about their reasons for the expected increase in herd, producers cited restocking / rebuilding (36 per cent), expanding operations (30 per cent), expectations of good seasonal conditions (26 per cent) and expectations of strong market conditions (18 per cent) as their reasons. When asked about their intended methods to increase their herd, producers cited the retention of more heifers than normal (53 per cent), the purchase of more steers (19 per cent) and purchase of more breeding heifers (13 per cent) as their top three approaches. The Beef Producer Intentions Survey was designed by MLA to support the industry with reliable data and is used by MLA and the Australian Bureau of Statistics (ABS). It is one of the inputs into the MLA beef industry forecasting models. 0HDW /LYHVWRFN $XVWUDOLD VXUYH\ UHVXOWV LQGLFDWH RSWLPLVP IURP EHHI SURGXFHUV Australia-wide. Moorunga online Dromana-based Moorunga Angus Stud ZLOO EH KROGLQJ LWV ȴUVW RQOLQH SURGXFWLRQ VDOH RQ )ULGD\ 0DUFK This sale will be in addition to the stud's annual bull sale, held in August each year. 0RRUXQJD ZLOO EH RHULQJ D VHOHFWLRQ RI its herd: young cows with calves, pregnant heifers, unjoined heifers, a small selection of bulls plus semen and embryo packages. It will be a great opportunity to procure progeny and genetics from some of the stud's top donor cows and exclusive sires. The sale will be held online with Auction 3OXV UXQQLQJ IURP DP DQG ȴQLVKLQJ DW 7pm with Moorunga hosting an open day from 10am to 3pm. Elders agents will be available to assist anyone new to bidding online. Beef week open day on Sunday, February 2, will be a great chance to preview the sale animals and have a chat about what's on RHU The sale draft will be on display as well as some of the donor cows and sires. Private inspections are also welcome, by appointment. 0RRUXQJD $QJXV 6WXG LV RHULQJ D VHOHFWLRQ RI LWV KHUG DW LWV ȴUVW RQOLQH VDOH RQ )ULGD\ 0DUFK POWER – PERFORMANCE – PROFIT Warringa Herefords invites visitors to their Beef Week Field Day 9am - 5pm on Monday, February 3rd, 2025 Young Poll Hereford Bulls for sale Bill & Minnie Kee – Warringa Herefords 440 Nicholson-Sarsfield Road, Sarsfield, VIC Mobile 0407 825 555 - Email: bill@warringaherefords.com.au For more information: www.warringaherefords.com.au Member of Gippsland Performance Herefords EST. 1978 Working age bulls and females available. All cattle are French Pure. GAVAN AND JUDY BUDGE 205 Quarry Road, Yallourn North, Victoria, Australia M 0428 671 312 M 0411 154 687 E gjbudge5@gmail.com
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