Australian beef industry faces mixed market results with holidays, but sees improved sales and rising lamb prices.

The Australian beef industry experienced a decline in cattle listings due to Easter and Anzac Day holidays, but saw improved selling conditions with a higher clearance rate and value over reserve. In Queensland, cattle and sheep markets showed mixed results, with crossbred lambs seeing a significant price increase. Processor activity rose, particularly in ewe purchasing. The industry anticipates a continued increase in slaughter numbers through May due to recent rainfall, potentially affecting future cattle prices.