Goatmeat
Goat over the hooks (OTH) - 18 May 2012
Goat rates have increased, due to a small drop in supply over recent weeks.
The quality of goats is good, with the skin-on season approaching.
There is increasing overseas enquiry as the fluctuating A$ settles. As a result, excess product in storage is gradually being cleared.
| |
Over the hooks (OTH) rate
(w/e: 18 May2012) |
|
Low price
c/kg cwt |
High price
c/kg cwt |
Avg |
Trend |
| 8.1-10kg |
180 |
240 |
213 |
10 |
| 10.1-12kg |
200 |
240 |
222 |
10 |
| 12.1-16kg |
200 |
240 |
223 |
10 |
| 16.1-20kg |
200 |
240 |
222 |
8 |
| 20.1kg+ |
200 |
240 |
222 |
8 |
|
| |
Goat eastern states goat slaughter - 11 May 2012
| |
|
Eastern states goat slaughter - head
(w/e: 11 May 2012)
|
|
Week:
11/05/12 |
Week:
04/05/12 |
| Queensland |
10,133 |
11,730 |
| New South Wales |
1,468 |
1,409 |
| Victoria |
7,128 |
5,992 |
| South Australia |
7,701 |
5,497 |
|
| |
Goatmeat values slide in first quarter
The value of Australian goat exports for the March quarter fell 24 percent year-on-year, to $21.7 million FOB (Australian Bureau of Statistics), despite volumes increasing 3 percent over the same period.
Behind this drop were the lower domestic rates for goats, which were on average 137¢/kg cwt lower than the March quarter 2011.
The US remained the most valuable export destination, at $8.7 million FOB, although this was a significant decrease of 46 percent year-on-year.
Continuing the trend, the value of goatmeat to the Caribbean fell 24 percent year-on-year to $2.8 million, while Canada fell 3 percent to $2.5 million over the same period.
Goatmeat export values for the month of March fell 40 percent year-on-year to $2.4 million, primarily due to a large decline in shipments to the US.
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