Disclaimer:© 2024. Meat & Livestock Australia. ABN 39 081 678 364. Care has been taken to ensure the accuracy of the information contained in this publication. However, MLA , MDC and ISC (“MLA Group”) do not accept responsibility for the accuracy, currency or completeness of the information or opinions contained in this publication. This publication is intended to provide general information only and it has been prepared without taking into account your specific circumstances, objectives, or needs. Any forwardlooking statements made within this publication are not guarantees of future performance or results, and performance or results may vary from those expressed in, or implied by, any forward-looking statements. No representation, warranty or other assurance is given as to the fairness, accuracy, completeness, likelihood of achievement or reasonableness of forward-looking statements or related assumptions contained in the publication. You should make your own enquiries before making decisions concerning your interests. Your use of, or reliance on, any content is entirely at your own risk and the MLA Group accepts no liability for any losses or damages incurred by you as a result of that use or reliance. MLA acknowledges the matching funds provided by the Australian Government to support the research and development detailed in this Annual Report.
Annual Report 2023–24

All MLA programs are evaluated on a regular basis using a comprehensive Triple Bottom Line (TBL) evaluation framework. This allows MLA to calculate investment returns in a systematic and timely basis rather than relying on a five-year evaluation cycle, as well as the ability to continuously monitor the timing and value of the economic, social and environmental benefits derived from MLA’s investments.

Status of MLA’s 2022–23 key performance indicators as at 30 June 2024.

KPIs in Annual Investment Plan 2023–24

AchievedPartly achievedNot achieved

Strategic focus KPIs in MLA’s Strategic Plan 2025

On trackNot on track

Membership of MLA is voluntary and free to all levy-paying grassfed cattle, grainfed cattle, sheep, lamb and goat producers. MLA had 50,521 members as at 30 June 2024, an increase of 384 members from 2023. The table below shows the composition of MLA’s members.

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Producers across Australia experienced variable seasonal conditions and the arrival of an El Niño event in 2023, with southern NSW, western Victoria, all of SA and most of southern WA missing out on vital Autumn rain in 2024. This contributed to lower livestock prices with challenging meat trading conditions and higher livestock turn-off.

An increase in livestock numbers and turn-off produced higher lamb, mutton and beef production, but also softer livestock prices. As the flock and herd numbers are forecast to ease over the coming three years, slaughter increases are set to lead to record Australian meat production. The outlook however is positive, with demand set to outstrip supply in some key markets. While carcase weights have eased slightly this year, they are still at relatively historic highs. The slight drop in carcase weight is offset by the bigger jump in slaughter numbers and an increasing proportion of beef production coming from feedlots.

Since my return to Meat & Livestock Australia (MLA) in May 2024 as Managing Director, I’ve prioritised taking the time to meet with a wide range of industry stakeholders to hear how they are viewing MLA’s performance against the MLA Strategic Plan, the MLA Annual Investment Plan as well as understand their priorities for our industry moving forward. I’ve gained valuable insight into how MLA’s investments have investigated, delivered and communicated a range of tools, training and research-backed marketing, adoption and on-farm strategies to support the red meat industry over the 2023–24 financial year.

I was delighted to read in the most recent annual MLA Producer Adoption Outcomes Report that our adoption programs have delivered an annual net benefit of $74.3 million to those producers engaged in MLA adoption programs during FY24.

Grassfed cattle leviesGrainfed cattle leviesLamb levies
Mutton leviesGoat leviesMLA Donor Company
Integrity Systems Company

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