Market news



19 Sep 14 Friday daily cattle summary
Numbers at Roma Prime eased 19%, at 1,542 head, with good quality bullocks and grown heifers meeting strong processor buyer demand, while 3 and 4 score cows could not match the gains of previous weeks.

19 Sep 14 Friday daily sheep summary
Lamb and sheep numbers at Wagga eased slightly, with 49,950 head yarded, down 1% week-on-week.

18 Sep 14 Thursday daily sheep summary
Lamb and sheep numbers remained steady at CTLX, at around 7,450 head. Trade weight 3 score young lambs to slaughter were 19¢ cheaper on 483¢, while trade weight old lambs lost 46¢ to average 437¢/kg cwt.

18 Sep 14 Thursday daily cattle summary
Numbers at Dalby decreased 7% on last week, at 5,831 head, with a full panel of buyers and quality fair to good.

17 Sep 14 Big drop in US beef production forecast for 2015
The US Department of Agriculture releases forecasts for agricultural commodity production on a monthly basis in their World Agricultural Supply and Demand Estimates (WASDE), and the September edition has a major revision downward for 2015 beef production.

17 Sep 14 Aussie wheat production to drop in 2014-15 – ABARES
According to the recently released ABARES Agricultural commodities September Quarter 2014 report, Australian wheat production is forecast to decrease 10% year-on-year in 2014-15, to 24.2 million tonnes.

17 Sep 14 A$ slide welcome for red meat
The recent slide in the A$, dropping below 90US¢ briefly in the past week will have come as welcome news to the Australian red meat sector. Since starting September at 93.4US¢, the A$ fell below 90US¢ on Monday – a decline of 4% in just over a fortnight.

17 Sep 14 Sheep market alert
National lamb supply, as reported by MLA’s National Livestock Reporting Service, was 16% higher week-on-week, at 114,575 head, with all states except WA yarding larger numbers.

17 Sep 14 Tasmania market summary
There was another very small yarding of trade and export cattle at both Powranna and Killafaddy. With small numbers of trade yearlings prices improved 4¢ to 5¢ with steers making 185¢ to 200¢ and heifers 174¢ to 213¢/kg.

17 Sep 14 Cattle market alert
National throughput so far this week increased 8%, with 46,824 head yarded. Queensland led the rise, yarding 12,269 head, up 40% week-on-week, with Roma Store yarding 8,776 head, up 80%.

17 Sep 14 Australian goatmeat returns surge in July
Australian goatmeat export values in July more than doubled year-on-year, to $23.1 million, with the total volume of shipments for the month up 54% over the same period, at 3,574 tonnes swt.

17 Sep 14 Spring boosts wholesale trade
It was a very stable week across the wholesale beef trade, with no changes recorded to average prices, although with spring now underway the quality of grass fed cattle has reportedly improved significantly.

17 Sep 14 Australian cattle supplies to tighten in 2014-15 – ABARES
The Australian beef cattle herd is forecast to decline 2% in 2014-15, to 24.2 million head, according to the recently released ABARES Agricultural commodities September Quarter 2014 report, reflecting high cattle slaughter and a strengthening live export market.

17 Sep 14 Skin prices continue downward trend
During August, Australian lamb skin prices (16.1-20kg 2"-3" VM free) averaged 400¢/skin, down 64% year-on-year, and well below the 2,290¢/skin high in April 2011.

17 Sep 14 Showers limited to the east coast
Rainfall this week was mostly limited to the eastern states, with light showers spanning the NSW coastline.

17 Sep 14 SA weekly cattle summary
SA cattle supply, as reported by MLA’s National Livestock Reporting Service, declined 3% this week, to 5,588 head, with Millicent’s fortnightly sale not in operation.

17 Sep 14 SA weekly sheep summary
SA lamb supply, as reported by MLA’s National Livestock Reporting Service, lifted 41% week-on-week, to total 14,726 head.

17 Sep 14 Narromine yardings spring into action
The first sale of spring at Narromine store sale saw 16,725 head yarded, around 2,000 head more than the corresponding sale last year

17 Sep 14 Vic weekly cattle summary
Victorian cattle supply, as reported by MLA’s National Livestock Reporting Service, edged 18% higher week-on-week, to total 15,146 head, as producers respond to the recent strength in the market.

17 Sep 14 Vic weekly sheep summary
Victorian lamb supply, as reported by MLA’s National Livestock Reporting Service, lifted 50% week-on-week, to total 44,170 head, spurred by more young lamb consignments.


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