Moovement at the Yards
The return to operation for QLD saleyards, lack of rain on the forecast and the looming run of public holidays saw more cattle pass through the yards compared to last week. The increase in supply weighed negatively on prices, although demand appeared to have lifted, with supply increases far higher than value decreases. The EYCI […]
Cyclone disruption halts supply
Ex-tropical cyclone Alfred has contributed to significant disruption throughout the cattle supply chain, as processors, saleyards and producers were all impacted. Consequently, this week saw a significant decrease in yardings, applying positive pressure on prices. Initial yardings data from the NLRS show a reduction of 42% week-on-week, down to 44k head. Yardings fell for every […]
Lamb market kicks off autumn with mixed signals
First week of autumn saw slight fluctuations in the value of the majority of indicators, yardings retreated, as did some of the buyer’s demand according to major selling yard reports. As southern Queensland and northern NSW bunker down in preparation for cyclone Alfred, the rest of the eastern seaboard is forecasted to get some rain […]
Dry conditions drive supply
Dry conditions pushed some producers into the market, causing a lift in supply. The movements were minor compared to those large swings seen earlier in the year. Some indicators, despite the increased supply, were still able to make gains in value, thanks to strong demand still present in the market The demand for processor cows […]
Higher quality brings higher prices
Lamb indicators grew week on week in value terms due to tightening supply. Quality and increased demand at the rail also contributed to the price rises, according to market reports. The Eastern State Trade Lamb Indicator rose 3% week on week in value, closing the week at 794¢/kg. Ballarat and Wagga made up 40% of […]
Buyers back bidding
Values lifted this week on the back of tighter supply, compounded by increased demand from buyers. Rain on the east coast, with more forecast for next week, lifted sentiment for restockers. The drop in prices also made entering the market more accessible for buyers.. The market has been erratic since the beginning of the […]
Shorn sheep surcharge
Supply lifted on the week prior for both lamb and sheep, which weighed slightly on the value of the indicators. Isolated rain fell on the southeast coast, with significant rain on the northern third, which has caused flooding. Quality is making the movements within indicators quite erratic, with not all buyers operating despite being present […]
The Cattle Market’s January Joyride
The final selling week of the month had one less day with the Monday Australia Day public holiday. Value and volume took a dive this week compared to the week prior, with a significant reduction in yardings. When looking at January as a whole, 2025 has made an impressive start. Yardings for the week fell […]
Supply shortage sandbag price falls.
With the final full-selling week of January ending, the lamb market continued to find its new equilibrium of supply and demand. Unfortunately for producers, this saw the value of all indicators fall week on week. There was a large reduction in the number of head moving through the yards this week, which helped offset the […]
Northern buyers buy big
The cattle market continued its strong start to 2025, with most price indicators rising from last week’s starting point. Spurred by favourable rain, it was the demand from the northern buyers that helped shore up the demand side. The market is experiencing large supply increases week on week, as more participants return from their festive […]
Back with a bang!
The cattle market much like the New Year’s Eve fireworks opened with a bang with the majority of indicators hitting 12-month highs in value. Demand was strong at the rail, supported by a tighter supply side as not everyone is back in operation just yet. Rain on the forecast for the east coast will likely […]
Restockers up the ante
Spurred by widespread rain on the East coast and plenty of quality pens; restockers and processors clashed at the rail sending prices skywards. One more sale week remains for 2024 before the Christmas shutdown with the market operating at elevated levels. Quality drove the prices, with many saleyard reports mentioning erratic markets for some of […]
