MSA delivered estimated $204m farmgate profit in 2022

FARMGATE returns generated by way of the Meat Requirements Australia consuming quality-based grading system generated further worth value greater than $204 million final monetary yr, Meat & Livestock Australia has estimated.

The determine was a major improve from a calculation of $157m delivered in 2020–21, and greater than the earlier file excessive of $198m in 2018–19.

A file 55 p.c of nationwide grownup slaughter cattle had been graded for MSA final yr, representing 3.25 million cattle processed by way of 39 licenced processors. Outright numbers have fallen for the previous two years attributable to low slaughter numbers throughout herd restoration. Eligible cattle had been equipped by nearly 10,000 beef producers from all states of Australia

Queensland processing the best variety of MSA graded cattle with 1.62 million head, or 54pc of the state’s complete kill for the yr. NSW accounted for about 750,000 head of MSA cattle, or 71pc of the state’s complete kill, whereas Victoria processed about 330,000 MSA cattle or 30pc of complete kill.

Practically 25 years since its inception, the MSA consuming high quality based mostly grading system continues to ship file estimated farm gate returns. That is the results of the year-on-year progress of this system which now underpins 193 beef and 22 sheepmeat manufacturers, higher use and worth extracted from MSA carcases and improved on-farm efficiency in direction of higher MSA outcomes, MLA mentioned.

The proportion of grainfed cattle grew to 62pc of MSA-graded cattle in 2021–22, a rise of two.7 proportion factors from 2020–21. Non-Grainfed cattle represented 38pc.

Processors representing 56pc of MSA graded carcases are utilising the Consuming High quality Graded (EQG) cipher of their enterprise to explain beef merchandise by an consuming high quality final result.

An extra 1960 beef producers turned MSA registered in 2021–22, taking the whole variety of MSA registered beef producers to 38,678. MSA registered beef producers now characterize 26pc of Livestock Manufacturing Assurance accredited cattle properties.

MSA beef producers doubtlessly obtained an estimated $97 per head in further returns for younger, non-Grainfed cattle and almost $48 per head for Grainfed cattle, the report instructed.

Monday: How did MSA compliance carry out in 2022?