Cattle
The EYCI has fallen!
No new records set this week, the EYCI has fallen, but fortunately not to an earthshattering degree. However, the heat seems to have come out
Adrian Ladaniwskyj
July 30, 2021
No new records set this week, the EYCI has fallen, but fortunately not to an earthshattering degree. However, the heat seems to have come out
We are starting to see some numbers come through from the US Spring Wheat crop tour -and they are not pretty. Scouts finished the tour
It was a week of wins for those that sent lambs and sheep to the saleyard. While no records were made and so we won’t
National Trade, Heavy & Merino Lamb indicators all performed strongly this week, while the Light, Restocker & Mutton indicators fell. Mutton was popular in NSW
It’s hardly a surprise, but the EYCI has breached the 1000ȼ/kg level and Roma, QLD, has been one of the main contributors to it reaching
The market continues to revolve around three main storylines – Canadian drought, Brazilian corn and Chinese demand. There are a few side issues going on
Another week, another record. Solid rains in QLD, coupled with talk of a possible repeat of La Niña conditions for the season ahead kept the
Lamb markets consolidated the gains over recent weeks to see prices improving for most categories. The Winter rally may be running out of steam, but
The final sale before the traditional three-week recess produced a solid result. The national offering remained large as growers responded to recent stronger prices and
The merry-go-round that is the weather market remains firmly in place. After last week’s WASDE fireworks, the weather forecast flipped to a cooler, wetter system
The second last sale of the 2020/21 wool season started with a large offering but minimal price movements, mostly in the downward direction, although not
It seems that the voracious demand for young cattle has almost no end in sight, with the EYCI continuing to spiral skyward to reach, yes,
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The rain driven rapid rise in young cattle prices at saleyard level should translate quickly into higher export feeder cattle prices.
The rain driven rapid rise in young cattle prices at saleyard level should translate quickly into higher export feeder cattle prices.
The rain driven rapid rise in young cattle prices at saleyard level should translate quickly into higher export feeder cattle prices.
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