Australia is heading for its lowest cattle slaughter rates for more than two decades.
The National Livestock Reporting Service says the 1,206,404 head processed in the eastern states in the March quarter was the lowest tally for more than 20 years.
This trend is expected to continue for 2021.
La Nina rains have produced an abundance of feed in many cattle producing regions which has ensured tightening domestic supply of finished cattle.
Supply is expected to remain tight for the time being as a result.
Feedlots are expected to support a significant proportion of finished cattle during the rebuild of the national herd.