The Dominion Surveyor Association (DSSA) has reported record sales for the third quarter of 2018, according to figures released today.
The DSSA has reported a record revenue of 2.9 million horses, up 4.4 per cent on the previous quarter, and is currently riding on an 11 per cent increase in sales.
The results are also buoyed by strong sales of horse and cattle, with total sales of the DSSAs main livestock sector at 2.8 million, up 2.1 per cent.
The organisation’s general manager, Craig Gough, said the strong performance was driven by strong consumer demand and the significant increase in domestic demand for the DSA.
“Domestic horse and livestock sales were up 15 per cent from the previous year, reflecting increased awareness of the great value of equine products and the increase in the price of these products,” he said.
“As well as this, domestic horse and beef sales were also up, with the average price of a herd of cattle, as well as a herd or individual cattle, up by almost 6 per cent.”
Mr Gough said the increase was fuelled by higher sales of beef and pork, while the increase to sheep and swine was driven in part by a large increase in lamb and goat meat.
The number of horses sold rose by 8 per cent to 1.6 million.
The average price rose by 10 per cent, while average price per herd rose by 5 per cent and average price for a single sheep or swine increased by 15 per per cent over the same period.
The most recent figures for DSSThe DssA has been hit hard by a drought that has seen the price and quantity of horses and cattle fall, as a result of the devastating impacts of bushfires and the impact of climate change.
It has also seen the cost of running the organisation go up, and has struggled to meet its commitments to protect and conserve the animals it manages.
Mr Grough said that while the DssAs finances had been hit, its success in meeting its goals meant the organisation was still able to meet the demands of its customers.
“Our members are the backbone of our organisation, and they are the heart and soul of our business,” he added.
“With their support we can keep the animals that we care for and keep our business going.”
The DSA has a strong balance sheet and has a good track record of running our businesses.
“He said the organisation would continue to invest in the horses and beef it manages, adding that its stock had grown by 8,500 tonnes in the three months to March, with a total of 1,000,000 tonnes of beef, 6,000 tons of horse, 4,500 tons of sheep and 50,000 to 60,000 litres of milk.
Topics:relief-and-aid-recovery,animal-welfare,government-and ofa,horse,horse-racing,animal,nsw,australiaFirst posted March 05, 2019 17:21:36Contact Nick ThomasMore stories from New South Wales