Buyers are back baby
The lamb and sheep markets were back in full swing following last week’s shorter selling week. Most notable were the buyers, pushing prices up across every indicator. Yardings also increased drastically and are still at heightened levels when looking at the medium-term average. Slaughter levels continue to stay elevated as processors try to keep up […]
Export buyers out of office
With the nation stopping yesterday to commemorate ANZAC Day, Thursday livestock sales did not take place. As a result, this week saw a decrease in activity with yardings down and many saleyard reports talking about a lack of participation and presence from buyers, particularly export buyers. Prices for the indicators were down slightly across the […]
Light lambs grounded
Despite a decrease in yardings week on week, the tightening of supply was not enough to support prices. Middle East airspace closures impacted demand at the yards as buyers waited for supply chains to reopen. Yardings and slaughter levels are still operating at above-average levels, as mixed farming producers begin to shift focus. Last week […]
Easter Bunny brings the chocolates for restockers
Widespread rain across the East coast has bolstered buyers’ confidence in the market, causing a surge in demand and a lift in prices across the indicators. The Easter break has seen disruptions to sales due to public holidays, but during this 4-day selling week, there was an increase in yardings on the previous week’s 4-day […]
Rain and Restockers return
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 demand from northern buyers off the back of the rain that fell through the week helped push prices higher. The Eastern Young Cattle Indicator (EYCI) made some gains on the […]
Small wins for big lambs
Lamb and sheep indicators saw a slight lift this week, with all bar one finishing the week higher than when it started. Reports from major yards all report of a full buying field, who were not fully active in the market. Despite this slight drop in demand, the price across the board has still improved, […]
Buyers chasing quality over quantity
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 a fall in yardings of 21% week-on-week there is still plenty to choose from. The Eastern Young Cattle Indicator (EYCI) fell by 6% (38¢/kg) on the week prior, dropping below […]
Erratic sheep moves
The 10th week of the year saw some small mixed movements in lamb indicators this week. A large decrease in mutton supply was not enough to sandbag the price fall for mutton. Yardings were down slightly for lambs and significantly in sheep, but slaughter volumes remained at above-average levels. The National Mutton Indicator fell by […]
Cow price increase as US demand ramps up
It was a steady week for the cattle market with slight movements in either direction across the indicators. Feeder Steer and restocker heifers were the only two indicators not building on the week prior. Yardings were up on last week following a recent pullback of supply by producers to protect prices. Slaughter volumes also increased […]
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 […]
Mutton mounts a comeback
A mixed week of results for lamb and sheep markets with the majority of indicators making slight gains. Yardings fell 24% on the previous week as the supply side continues to lose momentum after weeks at an elevated level. Slaughter figures are still near all-time highs as processors deal with increased supply. The Eastern States […]
Indonesia signed the dotted line
For northern cattle producers, access to overseas markets for live cattle is pivotal to their operation. 2024 began with trade uncertainty which left the industry holding its breath on future trade with Indonesia. However to much relief, in recent days Indonesia issued the first permits allowing the import of live Australian cattle. Indonesia is Australia’s […]
