Record slaughter levels and rising
Yardings have been tracking at above average levels in the last few months. Despite these unusually high levels of supply from the paddock, the price has rebounded due to renewed competition at the rail. This increase in competition has driven the rally seen across the lamb and sheep indicators over the last 3 months. The […]
Shifting grain export markets
Grain export information is often limited to anecdotal information around the pace of exports. There is data available from the Australian Bureau of Statistic (ABS), although a few months behind. We can take a look at how markets have shifted in recent years. Australia has produced a lot of wheat in recent years, and exporters […]
Sheep & lamb offtake in the east and west
The topsy turvy nature of this season in terms of seasonal conditions, and flowing from that, sheep meat prices, has certainly not been a “business as usual” period for the Australian sheep flock. With this in mind, we look again at the sheep and lamb offtake, this time splitting the Australian flock into eastern and […]
It looks like a static herd well below historical highs
The Australian Bureau of Statistics (ABS) quarterly ‘Livestock Products’ report was released last week. The ABS data gives us year-ending official data on numbers of cattle slaughtered, beef produced, and importantly where the herd is headed. Figure 1 shows quarterly cattle slaughter and the year-on-year change. The December quarter is usually lower than September, with […]
