Australian Agriculture: Livestock

Latest release

Statistics on monetary value of livestock and cattle and sheep population size

Reference period
2024-25 financial year
Release date and time
28/04/2026 11:30am AEST

Key statistics

  • Local value of total livestock disposals increased 27.0% to $28.4 billion in 2024-25
  • Local value of sheep and lamb disposals increased by 37.7% to $5.1 billion
  • There were 29.7 million cattle on holding at 30 June 2025 with 27.6 million beef cattle and 2.1 million dairy cattle.
     

Livestock disposals and livestock products

The local value of livestock disposals and livestock products increased 16.9% to $36.7 billion in 2024-25. Both dry weather conditions and high international demand have driven a considerable increase in livestock slaughtered.

Key livestock results for 2024-25:

  • $17.1 billion for cattle and calves (up 33.7% from 2023-24)
  • $6.0 billion for milk (down 4.3%)
  • $5.1 billion for sheep and lambs (up 37.7%)
  • $4.1 billion for poultry (up 2.2%)
  • $2.3 billion for wool (down 17.0%)
  • $1.8 billion for pigs (up 10.1%)

Cattle on holding estimates

There were 29.7 million cattle on holding at 30 June 2025, a decrease of 2.5% from June 2024. 

Beef cattle experimental estimates

There were an estimated 27.6 million beef cattle on holding in Australia at 30 June 2025. This is a decrease of 2.6% from 2024, following high slaughter rates driven by increased global demand. Queensland has the largest proportion of beef cattle in Australia, with 13.5 million head, an increase of 0.7% from 2024. The second largest beef cattle region, New South Wales decreased by 7.1% to 5.5 million head.

Beef cattle have been calculated using the same sources and methods as 2023 and 2024. For further information please see the Methodology section.

  1. Australian Capital Territory data included in New South Wales

Dairy cattle

There were an estimated 2.1 million dairy cattle at 30 June 2025, down 2.3% from June 2024. Victoria has the largest dairy herd with 1.3 million head, down 2.5% from the previous year. 

Dairy cattle have been calculated using the same sources and methods as for 2023 and 2024. For further information please see the Methodology section.

Revision to 2023-24 cattle population

A number of data sources, including ABS, ABARES and Dairy Australia are used to compile the cattle herd population. Revisions have been made to cattle herd at 30 June 2024 resulting from new and updated information received from these sources. 

Data on the latest calving and mating rates are not available in time to be included within the latest cattle population estimates, which need to be predicted on the basis of prevailing regional weather conditions. Updated mating and calving rates for 2023-24 are now available and have been incorporated into the herd model, generating minor revisions to the beef cattle population estimates for 2023-24. These revisions are included in the table below.

Total cattle (no.) revisions for 2023-24
Previously publishedRevisedChange (No.)
Australia30,372,53730,482,300109,763
New South Wales(a)6,196,7176,239,19342,476
Victoria4,166,0784,174,4488,370
Queensland13,587,43213,519,655-67,777
South Australia1,244,8151,263,94419,129
Western Australia2,363,1312,381,09817,967
Tasmania879,950884,8024,852
Northern Territory1,934,4142,019,16084,746

a. Australian Capital Territory data included in New South Wales

Sheep flock and gross value estimates

Estimates of the Australian sheep flock population are included within Australian Agriculture: Livestock. These data are disaggregated by state and territory; age cohort; and breed for the years 2020-21 through to 2023-24. The methodology used to compile these statistics is in development, following the same conceptual approach and methodology used to produce cattle herd statistics. The ABS is continuing to refine sheep flock estimation methodology in partnership with the Red Meat Statistics Working Group and is planning to release the 2024-25 update to the sheep flock population in August 2026.

Gross value estimates for livestock disposals in 2024-25 are included in this release of Australian Agriculture: Livestock. Additional information on gross value will also be published in August 2026.

Data Cubes

Value of livestock disposals and products by Australia, state and territory - 2024-25

Cattle herd experimental estimates by Australia, state and territory - 2024-25

Cattle herd experimental and historical estimates by Australia, state and territory - 2005 to 2025

Sheep flock experimental estimates by Australia, state and territory - 2023-24

Sheep flock historical estimates by Australia, state and territory - 2005 to 2022

Using new data sources and methods to produce agricultural statistics

This publication marks the third release of agricultural livestock statistics produced using new methods and data sources

The Australian Bureau of Statistics (ABS) is modernising the way official agricultural statistics are produced to better support Australian agriculture. New data sources will support improved regional detail on an annual basis. This helps to understand impacts from biosecurity and climate risks as well as supply chain and infrastructure requirements and supports decision making by governments, industry and farmers.

These changes were outlined in early 2023 in Modernising ABS Agriculture Statistics which explained why the ABS is modernising its Agriculture Statistics Program and the guiding principles being followed. 

The ABS is continuing work with the Red Meat Statistics Working Group to further refine the estimate of the number of livestock in Australia. We anticipate drawing upon additional data sources and refining livestock compilation methods over the coming years as outlined in the update on achievements and remaining data gaps.

For further information on the methods and data sources used to produce the statistics contained in this publication please see the Methodology section.

Changes in this and forthcoming issues

Thank you

The ABS would like to thank members of industry, government and academia, who collaborated with the ABS and contributed to development of the cattle herd and sheep flock models used to produce livestock on holding estimates without the need to survey farmers.

Methodology

Scope

Includes:

  • Local value of livestock disposals
  • Local value of wool and milk
  • Experimental livestock herd estimates for cattle
  • Experimental livestock flock estimates for sheep.

Geography

Data is available for:

  • Australia
  • States and territories.

Source

Key data sources include:

  • Commercial abattoirs and meat processors
  • DAFF agricultural levy transaction records.

Collection method

Wool estimates are derived from DAFF agricultural levy records, extracted quarterly.

Livestock disposals are derived from the Livestock products quarterly survey.

Livestock herd and flock estimates are modelled using a number of inputs.

Concepts, sources and methods

Estimates refer to livestock on holding at 30 June.

Livestock disposals refers to value of livestock and poultry slaughtered between 1 July and 30 June.

Value of livestock products refers to value of milk and wool sold between 1 July and 30 June.

History of changes

Not applicable for this release.

View full methodology
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