Market Comment
Look at them go
A good winter outlook, moisture in the soil and the lowest yarding levels all season have seen cattle prices hold ground this week for most
Matt Dalgleish
May 29, 2020
A good winter outlook, moisture in the soil and the lowest yarding levels all season have seen cattle prices hold ground this week for most
We knew when the rain came cattle on feed numbers would decline, and decline they have. No doubt the COVID-19 crisis has helped decrease the
Some good weekly price gains were noted for the MLA CV-19 cattle indicators this week as a continued situation of tight domestic supply and improved
After a lift in restocker activity earlier in the season, we were eagerly awaiting the Australian Bureau of Statistics cattle slaughter data for March to
Cattle markets and prices are complicated, with plenty of fundamentals having input to the prices at saleyards. In the current environment, demand is extremely unpredictable,
The last week has seen some good news on the export front, with increasing volume to China, and some bad news, with the suspension of
A Chinese ban on four Australian meat works this week looms as a concern for beef exporters and producers. However, in an ironic twist the
Meat & Livestock Australia (MLA) have updated their cattle industry projections for April, with the key factor being going from hoping for a break in
Improved finished cattle prices were noted this week as supply metrics begin to normalize, particularly for east coast cattle slaughter. Department of Agriculture, Water and
After battling with drought for over two years Australian cattle producers are currently the envy of global cattle producers. In the US most notably, but
Live cattle export flows have been strong for the first quarter of 2020, despite Covid-19 disruptions. Although there has been a noticeable shift in market
When the Coronavirus crisis emerged there was plenty of concern surrounding the virus infecting abattoir workers and closing processors. Fortunately, Australia has thus far avoided
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In this report for LiveCorp and MLA, we consulted with stakeholders in the sheep supply chain to identify the impact of the moratorium on the live sheep export trade.
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