Weaners were cheap, but not that cheap
A fortnight ago we looked at the ‘weaners’ sale prices and surmised that the lower prices likely pointed to the Eastern Young Cattle Indicator (EYCI)
A fortnight ago we looked at the ‘weaners’ sale prices and surmised that the lower prices likely pointed to the Eastern Young Cattle Indicator (EYCI)
As we settle into the marketing year, young cattle yardings have grown mostly in line with historical patterns, and with it, demand, leading to relative
Southern weaner calf sales and the first prime offerings of the year have given some insight into how cattle prices are trending for 2023, and
The start of 2023 has been marred by a huge fall in the EYCI- it’s not supply driven, as numbers are similar to when the
It’s that time of year when cattle producers cut short their beach holidays and head home to sort up cattle for the annual southern weaner
A further retraction of supply in the key states of QLD and NSW lent support to the market this week, with both the EYCI and
The end of the selling year is nigh, and the cattle market has managed to halt it’s spiral lower and gained some ground to look
Australian beef exports to key Asian markets such as South Korea, and China continue to display worrying signs of weaker trends, while the US imported
A combination of soft prices discouraging sellers, and a typical seasonal pattern of lower supply reduced the number of cattle on offer this week, leading
We last looked at live cattle export figures for the first four months of the year, which showed they’d ended 2021 at decade lows. We
Last week’s price falls may have put off some producers, as supply reduced, but not enough to counter the prevailing lacklustre sentiment of soft demand.
After three months of relatively steady prices, the cattle market has taken a dive again in recent weeks. It’s either a supply, or demand issue,
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