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7215.0 - Livestock Products, Australia, Jun 2007  
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 14/08/2007   
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JUNE KEY FIGURES

Jun Qtr 2006
Mar Qtr 2007
Jun Qtr 2007
TREND ESTIMATES
'000
'000
'000

Number slaughtered
Cattle
1 955.5
2 071.6
2 046.3
Calves
207.9
247.7
247.3
Sheep
3 144.1
3 315.7
3 015.9
Lambs
4 812.1
5 065.4
5 028.8
Pigs
1 328.8
1 335.5
1 329.3
Chickens
110 579.8
113 904.2
114 699.4

Jun Qtr 2006
Mar Qtr 2007
Jun Qtr 2007
tonnes
tonnes
tonnes

Meat produced
Beef
531 275
553 826
543 466
Veal
6 993
7 871
7 743
Mutton
65 154
67 167
60 965
Lamb
98 826
103 541
102 261
Pig meat
95 736
95 770
95 718
Chicken meat
196 574
203 592
205 414
Wool receivals
121 233
116 824
118 999

Mar Qtr 2006
Dec Qtr 2006
Mar Qtr 2007
ML
ML
ML

Whole milk intake by factories
2 555
2 417
2 282

Cattle slaughterings,
Excluding calves - Trend
Graph: Cattle slaughterings Excluding calves Trend

Sheep and lamb slaughterings,
Trend
Graph: Sheep and lamb slaughterings Trend



JUNE KEY POINTS


TREND ESTIMATES

  • In June quarter 2007, the trend estimate for the number of cattle slaughtered fell slightly to 2.0 million.
  • In June quarter 2007, the trend estimate for the number of sheep slaughtered fell by 9% to 3.0 million.
  • In June quarter 2007, the trend estimate for the number of lambs slaughtered fell slightly to 5.0 million.
  • In June quarter 2007, the trend estimate for the number of pigs slaughtered fell slightly to 1.3 million.


NOTES

FORTHCOMING ISSUES

ISSUE (QUARTER) Release Date
September 2007 14 November 2007
December 2007 14 February 2008
March 2008 14 May 2008
June 2008 14 August 2008



CHANGES IN THIS ISSUE

There are no changes in this issue.



FORTHCOMING CHANGES

Annual seasonal adjustment reanalysis: The annual reanalysis of quarterly livestock products collection will be undertaken after the release of this issue. Any revisions to the seasonally adjusted and trend estimates series will be incorporated with the release of September 2007 quarterly data.


Introduction of ARIMA modelling techniques: Recently, the ABS has implemented improved methods of producing seasonally adjusted estimates, focused on the application of Autoregressive Integrated Moving Average (ARIMA) modelling techniques. The revision properties of the seasonally adjusted and trend estimates can be improved by the use of ARIMA modelling. ARIMA modelling relies on the characteristics of the series being analysed to project future period data. The projected values are temporary, intermediate values, that are only used internally to improve the estimation of the seasonal factors. The projected data do not affect the original estimates and are discarded at the end of the seasonal adjustment process.


The Livestocks Products collection will use, from the 2007 annual seasonal reanalysis, concurrent seasonal adjustment with ARIMA modelling where applicable to reduce the level of revision to seasonally adjusted livestock products estimates. For more information about ARIMA modelling, refer to Feature article: Use of ARIMA modelling to reduce revisions in the October 2004 issue of Australian Economic Indicators (cat. no. 1350.0).



INQUIRIES

For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Nigel Gibson on Hobart (03) 6222 5940.



SUMMARY COMMENTARY


CATTLE (EXCLUDING CALVES)

Graph: Cattle (excluding calves)


The trend estimate for the number of cattle slaughtered in June quarter 2007 fell slightly to 2.0 million.



CALVES

Graph: Calves


The trend estimate for the number of calves slaughtered in June quarter 2007 remained steady at 247,000.



SHEEP AND LAMBS

Graph: Sheep and Lambs


In June quarter 2007, the trend estimate for the number of sheep slaughtered fell by 9% to 3.0 million. The number of lambs slaughtered fell slightly to 5.0 million.



PIGS

Graph: Pigs


In June quarter 2007, the trend estimate for the number of pigs slaughtered fell slightly to 1.3 million.



BEEF

Graph: Beef


In June quarter 2007, the trend estimate for beef production fell by 2% to 543,000 tonnes.



MUTTON AND LAMB

Graph: Mutton and Lamb


In June quarter 2007, the trend estimate for mutton production fell by 9% to 61,000 tonnes. The trend estimate for lamb production fell slightly to 102,000 tonnes.



TOTAL RED MEAT

Graph: Total red meat


The trend estimate for red meat production fell by 2% to 810,000 tonnes in June quarter 2007.



CHICKEN MEAT

Graph: Chicken meat


The trend estimate for chicken meat production increased slightly to 205,000 tonnes in June quarter 2007.



WHOLE MILK INTAKE BY FACTORIES

Graph: Whole milk intake by factories


The trend estimate for whole milk intake by factories in March quarter 2007 fell by 6% to 2.3 billion litres.



BROKERS AND DEALERS RECEIVALS OF TAXABLE WOOL

Graph: Brokers and dealers receivals of taxable wool


The trend estimate for wool receivals by brokers and dealers in June quarter 2007 increased by 2% to 119,000 tonnes.



EXPORTS OF LIVE SHEEP

Graph: Exports of live sheep


Live sheep exports fell by 45% to 561,000 in June quarter 2007. Gross value fell by 46% for the quarter, down to $37.8 million. Unit value fell by 1% to $67.36.



EXPORTS OF LIVE CATTLE

Graph: Exports of live cattle


Live cattle exports increased by 59% to 195,000 in June quarter 2007. Gross value increased by 46% for the quarter, up to $129 million. Unit value fell by 8% to $663.22.

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