Rain and holidays halt young cattle slide
There were just minor changes to the national saleyard indicators this week as public holidays interfered with business-as-usual sales. The big drop in numbers and rain had restockers keen in the south. To the North minor rainfall was well received but didn’t set the market alight despite lower supply to choose from. Young cattle prices […]
Holding pattern ahead of the long weekend.
With the impending long weekend in NSW, the market was in a bit of a holding pattern this week, as most of the major indicators tracked sideways. Across the board, the lambs on offer were lighter and “plainer” in quality than the previous few weeks and buyers were not as competitive with each other for […]
Spring slump but supply still not skyrocketing
Its already feeling like summer but there’s still plenty of spring market activity yet to come. Numbers are growing but probably below expectations given the lack of rainfall in cattle country and the price levels for stock currently. This week the market corrected but it appears there is some consistent demand for finished stock. Across […]
Flush in full flight
Spring flush is in full flight and the lambs at the nation’s saleyards are in great condition and are skewing heavy. With growing numbers of new season lambs, prices have resorted to typical spring declines. Processors have plenty to choose from with export and trade lambs approaching even money on a ¢/kg basis but its […]
Here they come
A jump in new season lambs marks the start of spring, and buyers appear to be relieved at the weights and quality of the first big batch of lambs through the yards. With rainfall now underpinning some confidence in southern sheep regions, will momentum continue when numbers really begin to ramp up? Supply wasn’t significantly […]
Waiting on the lambs to come
The arrival of new season lambs in numbers are imminent, and this week’s market reflected one where buyers were expecting more to choose from in the coming weeks. New season lamb numbers to the yards are beginning to creep higher but are still lagging behind average levels and the last two seasons (Figure 1). The […]
Feeder fountain coming from the North
More rainfall in the South and a drop in throughput overall wasn’t enough to rally cattle prices this week. The market is still experiencing symptoms from the last month. Prices probably need to be lower for some buyers, and the feeders have been busy and needed a break. Optimism remains, last year cattle left dry […]
Wintery yarding push indicators lower
Lamb and sheep markets peaked early in winter and easing prices whilst ahead of schedule remain in line with typical seasonality. With more winter condition lambs entering the yards, buyers are exercising their right to be a bit picky when it comes to what they’re paying for lambs this week. Indicators all dropped again this […]
More weaners come forward
Weaners remain on the move, and interest took a slight step back this week as we enter a transition period for cattle markets with spring fast approaching. Not a lot of rainfall in the last few weeks but strong prices have seen cattle come forward and remain strong for winter. The tip top winter premiums […]
Prices resilient despite chock a block yards
Saleyard cattle indicators have been resilient in the face of unseasonable numbers coming out of the North. Despite shutdowns, a lack of rain in the last few weeks and tariff talk. Queensland saleyards are ‘chock a block’, and buyers of all types are present and active. Weaners continue to make their way to the yards […]
Winter blues
It was a cold start for the market this week after a hot few weeks for prices. Interest from buyers lacked the crank needed to push bids higher despite lower supply. The end result was double-digit declines across the main saleyard indicators this week in the depths of winter. Across MLA saleyard reports, the story […]
Winter supply remains strong
High prices have cattle heading to the market as supply remains strong for winter. Prices eased slightly but remain elevated. Numbers, quality and weights remain strong coming out of the North, while southern cattle is a more of a mixed bag, which is typical of this time of year. Unlike the dramatic rush of supply […]