Market news

01 Aug 14 Friday daily sheep summary
Lamb throughput at Wagga fell 31% week-on-week, to 29,800 head, and the market trended cheaper overall, with the regular buying group in attendance.

01 Aug 14 Friday daily cattle summary
Numbers at Roma Prime were back 28% compared to a week ago, at 409 head, with the majority of the yarding consisting of good quality cows, while well-conditioned bulls were also offered.

31 Jul 14 Paraguayan beef exports set new record
Paraguayan beef exports registered a new record for the first half of the year in 2014, with shipments up 13.5% year-on-year, totalling 121,548 tonnes swt. The rise continued to be driven by strong international demand, higher beef production and lower exports prices than major competitors, averaging US$4.52/kg for the period.

31 Jul 14 Thursday daily cattle summary
Cattle yardings at Dalby this week totalled 4,846 head, up 11% from the previous sale, with mixed quality in the young cattle, while the market reportedly varied depending on quality factors.

31 Jul 14 Thursday daily sheep summary
Lamb supply at Hamilton fell 33% week-on-week, to 2,210 head, and it was plain to average quality yarding for the small field of buyers operating in a cheaper market.

31 Jul 14 Another US beef plant closure
A lack of available cattle has resulted in another US processing plant shutting.

31 Jul 14 Relentless US demand puts Japan on alert
Strong demand for Australian beef from the US continued to affect all markets this week, including Japan.

31 Jul 14 SA weekly sheep summary
Total SA lamb supply, as reported by MLA’s National Livestock Reporting Service, was close to firm week-on-week, at 11,551 head.

31 Jul 14 Imported beef gets dearer while pork prices ease in Korea
There is reportedly steady seasonal demand for imported beef from Korean traders.

31 Jul 14 Vic weekly cattle summary
Total Victorian cattle throughput, as reported by MLA’s National Livestock Reporting Service, increased 10% week-on-week, to 11,425 head.

31 Jul 14 SA weekly cattle summary
Total SA cattle supply, as reported by MLA’s National Livestock Reporting Service, lifted 22% week-on-week, totalling 2,353 head.

31 Jul 14 Another month, another record amount of beef exported
The record for monthly beef exports will be set higher again in July, with exports for the month likely to surpass 115,000 tonnes swt – exceeding the previous record of 108,126 tonnes swt registered in May.

31 Jul 14 ESTLI averages better year-on-year
While lamb prices over the last two weeks have dipped, its undeniable prices have been favourable this year, at times reaching levels unseen since the highs of 2011.

31 Jul 14 NSW weekly sheep summary
NSW lamb supply, as reported by MLA’s National Livestock Reporting Service, eased 21% week-on-week to 105,450 head.

31 Jul 14 Mostly dry week
Rainfall was limited this week to the coastal regions, with the majority of showers that occurred across the eastern states being fairly light (1-5mm).

31 Jul 14 Are we nearing the top of the beef market in the US?
Imported lean beef prices in the US reached yet another new high this week, but domestically produced beef was steady on the last two weeks.

31 Jul 14 US the major driving factor to Australian beef export composition
Australian beef exports by cut in the June quarter 2014 experienced several shifts; most noticeable were a higher proportion of products exported for grinding in the US.

31 Jul 14 WA weekly sheep summary
WA lamb supply, as reported by MLA’s NLRS, eased around 23% week-on-week, totalling 9,518 head.

31 Jul 14 WA weekly cattle summary
This report will be available shortly.

31 Jul 14 QLD weekly cattle summary
Overall Queensland cattle supply, as reported by MLA’s National Livestock Reporting Service, declined 15% week-on-week, totalling 13,294 head.


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