Market news



24 Oct 14 Friday daily sheep summary
Lamb consignments at Wagga eased 9% week-on-week, to 27,150 head, and while the quality of lambs was very good, skins quality declined, with increased numbers of lambs showing dryness and seed contamination.

24 Oct 14 Friday daily cattle summary
As dry conditions continue, numbers at Rome Prime increased 87% to 1,170 head and, with the yarding mostly containing very plain cattle and export processors operating selectively, prices eased across the board.

23 Oct 14 El Niño outlook neutral – BOM
While much of Australia endures dry conditions, the Bureau of Meteorology (BOM) El Niño outlook remains neutral.

23 Oct 14 NSW takes the lead for OTH lamb rates this week
Over-the-hook (OTH) lamb rates across the eastern states (NSW, Victoria and SA) have gradually been declining over the past couple of months, as available lamb supplies increase coming into spring.

23 Oct 14 Thursday daily cattle summary
Numbers at Dalby were back 12%, at 5,408 head. Quality was mixed and a reduced panel of buyers operated in a cheaper market, with young cattle easing 10¢ to 20¢ and cows back 20¢ to 25¢/kg.

23 Oct 14 Thursday daily sheep summary
Lamb throughput at Horsham lifted 20% week-on-week, to 16,134 head, and the quality was average to good, with a large proportion of the lambs showing dryness in the skin.

23 Oct 14 WA weekly sheep summary
Heavy storms across wide areas of southern WA had little impact on numbers at the two selling centres.

23 Oct 14 NLRS expands north into Queensland
MLA’s National Livestock Reporting Service (NLRS) now captures price information from Emerald and Gracemere saleyards each week, with reports broadcast on ABC’s Queensland Country Hour.

23 Oct 14 Tasmania market summary
There was a much larger yarding of trade and export cattle at Powranna and Killafaddy this week, the highest number for the year.

23 Oct 14 2013-14 Queensland cattle saleyard survey results
The results from the Queensland saleyard survey, conducted annually by MLA’s National Livestock Reporting Service for the 2013-14 selling period, have recently been released, with 30 saleyards across the state participating.

23 Oct 14 Wild weather in the west does little to tighten lamb supply
WA harvest was disrupted this week, with anywhere between 10mm and 140mm of rain falling mostly in the central cropping district, the Wheatbelt.

23 Oct 14 WTO rules against US in COOL dispute
The World Trade Organisation (WTO) has found that the Country of Origin Labelling (COOL) requirements set by the US for imported beef, cattle, pork and hogs violate part of the Technical Barriers to Trade Agreement.

23 Oct 14 Export lines remain solid in Queensland
Weather conditions remain dry across much of western Queensland, with only light, isolated rainfall received so far this spring.

23 Oct 14 Vic weekly sheep summary
Victorian lamb supply, as reported by MLA’s National Livestock Reporting Service, increased 25% week-on-week, totalling 66,115 head.

23 Oct 14 Vic weekly cattle summary
Victorian cattle supply, as reported by MLA’s National Livestock Reporting Service, eased 12% week-on-week, to total 13,595 head.

23 Oct 14 SA weekly sheep summary
SA lamb supply, as reported by MLA’s National Livestock Reporting Service, lifted 7% week-on-week, to 36,322 head in total.

23 Oct 14 NSW weekly sheep summary
Overall lamb numbers, as reported by the MLA’s NLRS slipped by 6% week-on-week, for a total of 82,340 head.

23 Oct 14 QLD weekly cattle summary
Prices generally declined at markets early in the week, and despite losses of 10¢ to 15¢/kg for young cattle and cows falling in price by a similar amount.

23 Oct 14 Storms in the west
South-east WA received significant rainfall this week, with heavy storms experienced across the Wheatbelt over the weekend.

23 Oct 14 Imported beef market generally steady this week
Following a few weeks of lower prices for imported beef in the US, this week saw most prices either holding steady or moving slightly higher, with the very lean 95CL bull beef the key exception, with the re-emergence of NZ beef into the market.


|
|
|
|
|
|
|
|
|

© 2014 Meat & Livestock Australia Limited ABN 39 081 678 364