Market news

30 Jan 15 Friday daily sheep summary
Lamb throughput at Wagga declined 9% week-on-week, to 21,000 head, and quality was very good across trade and heavy weight categories.

30 Jan 15 Friday daily cattle summary
At the close of Thursday’s market, the Eastern Young Cattle Indicator (EYCI) improved 1.25¢ on the previous day, settling at 450.25¢/kg cwt.

29 Jan 15 Thursday daily sheep summary
Lamb throughput at CTLX slipped 42% week-on-week, to 5,500 head, and it was a much better quality yarding overall.

29 Jan 15 Lamb prices finish 2014 on a high in the US
Wholesale prices for lamb in the US, Australia’s largest export lamb market, finished 2014 on a strong note, with carcases fetching prices not seen since mid-2012, and cuts for the foodservice sector maintaining their strong improvements achieved earlier in the year.

29 Jan 15 Thursday daily cattle summary
At close of Wednesday’s market, the Eastern Young Cattle Indicator (EYCI) was up 1.50¢ on the previous day, at 449.00¢/kg cwt.

29 Jan 15 NZ lamb shipments decline in 2014
New Zealand (NZ) lamb exports were slightly lower (3%) in 2014, compared to the previous year, at 298,231 tonnes swt.

29 Jan 15 WA weekly sheep summary
Numbers decreased by close to 40% this week as hot and dry conditions continued across most areas. Quality continued to slip, with a large percentage being plainer drafts.

29 Jan 15 A$ continues to slide against the greenback
Up to 27 January, the Australian dollar has averaged 81US¢ for the month, back 8% year-on-year and the lowest monthly average since mid-2009.

29 Jan 15 SA weekly cattle summary
SA cattle supply, as reported by MLA’s National Livestock Reporting Service, more than halved week-to-week to 3,558 head.

29 Jan 15 Tasmania market summary
There was another very small yarding of trade and export cattle following the long weekend at Killafaddy and Powranna. Most trade prices were 3¢ to 5¢/kg cheaper, while cow prices improved on small numbers.

29 Jan 15 MLA Australian cattle industry projections 2015
After experiencing unprecedented turn-off (slaughter and live exports) in 2014, the Australian cattle industry is likely to see significant adjustments over the coming years.

29 Jan 15 SA weekly sheep summary
Overall SA lamb supply, as reported by MLA’s National Livestock Reporting Service, slipped 38% week-on–week following last week’s large consignments.

29 Jan 15 NSW weekly sheep summary
Due to the closure of Monday markets with the holiday weekend, lambs supply at MLA’s NLRS reported markets decreased by 34%, week-on-week, for a total of 52,450 head.

29 Jan 15 Over-the-hook lamb rates maintain their strength
Over-the-hook lamb prices edged higher across NSW this week, despite the public holiday, with trade weight (18-22kg cwt) lambs ranging from 490¢ to 560¢, to average 528¢/kg cwt, up 82¢/kg cwt from the corresponding week last year.

29 Jan 15 Strong demand from US boosts NZ beef exports in 2014
In 2014, New Zealand (NZ) beef exports totalled 392,553 tonnes swt – 9% higher than the previous year.

29 Jan 15 Trade and heavy lamb prices display greatest gains
Eastern states lamb supply, reported by MLA’s National Livestock Reporting Service, was lower this week, totalling 110,023 head, with Monday’s public holiday disrupting yardings across all states.

29 Jan 15 Forecast suggests a dry start to autumn – BOM
According to the latest three month rainfall outlook released by the Bureau of Meteorology, February to April is forecast to be drier than average across much of WA, with central Queensland, northern NSW and western Victoria also likely to receive below average rainfall.

29 Jan 15 Heavy falls along the coast
The majority of rainfall this week was recorded along the northern and eastern regions of the country, with large swathes of Queensland recording 25-50mm.

29 Jan 15 QLD weekly cattle summary
A combination of the short working week and the return of some rain over parts of the supply area reduced overall numbers at physical markets covered by MLA’s NLRS by 17% week-on-week.

29 Jan 15 Paraguay cattle slaughter jumped 28%
According to the National Service for Animal Health and Quality (Senacsa), Paraguay processed 1.92 million head of cattle during 2014, up 28% year-on-year.


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