Cattle price volatility lower as supply and demand find balance
Cattle market volatility has waned recently. The wild swings of 2023 saw prices move up to 70% across the course of two months. Thus far
Cattle market volatility has waned recently. The wild swings of 2023 saw prices move up to 70% across the course of two months. Thus far
Roads and paddocks have begun to dry out allowing the backlog of cattle from soaked areas of Queensland and New South Wales to hit the
The long-predicted slowdown in US beef production has seemingly come into play this year, and Australian beef is filling some of the production gaps. Total
Young cattle prices have bounced back after the recent rain, improving 28ȼ to 626ȼ/kg cwt. While rain helps limit the flow of cattle at one
The best recipe for stronger cattle prices is strong beef export values, and rain. The last week has delivered on both fronts, with major livestock
Widespread and heavy rain is falling in key cattle country, and it’s enough to disrupt the flow of cattle to market. After short weeks due
Australian live cattle exports got off to a cracking start, surging well above year-ago levels in January, however, February saw less than half the cattle
A short selling week saw yardings down significantly, all cattle indicators had a lift in prices on the back of tighter supply. An increase in
With the export beef market again on the up, history tells us that our cattle prices should be following. Local supply is the issue, and
In the last 6 months, the cattle market has acted like a bungee jump. Big supply on the way down and big demand on the
Volatile market conditions for cattle didn’t scare the lot feeding sector into submission last year with yet more growth recorded for the final quarter. The
All indicators took a dive this week, as saleyard reports from major selling centres mention buyer behaviour as selective in what they were after. Despite
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