Prices & markets

MLA Market Information provides the latest prices, reporting, forecasts and analysis for Australian and international red meat markets. MLA members receive free or discounted market reports, accessed below, and can subscribe to the Meat & Livestock Weekly eNewsletter and other MLA market information publications
Market news
29/05/15  Friday daily cattle summary
27/05/15  Finished cow prices lag recent surge
26/05/15  Australia could hit Canadian beef import quota
26/05/15  Tuesday daily cattle summary
Latest prices & indicators


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National trade lamb indicator
National daily indicators
28 May 2015
 Trade Lamb
576
▼ 7
 Heavy Lamb
585
▼ 3
 Mutton
372
▼ 6
 
2013
 
2014
 
2015


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Trends & analysis

500¢ EYCI in sight

week ending 21/05/2015

  • After breaking through the 400¢/kg cwt mark at the beginning of the year, the Eastern Young Cattle Indicator (EYCI) has continued to make rapid gains, and now, the indicator sits at 489.5¢/kg cwt – not only the highest it’s ever been, but looking likely of breaking through the 500¢ mark.
  • As we stand, there are six saleyards already averaging over 500¢/kg cwt for EYCI eligible cattle, including CTLX Carcoar, NVLX Barnawartha, Shepparton, Wagga Wagga, Pakenham and Forbes.
  • The interesting transition this year has been the strength of the southern markets relative to the north, with many of the markets south of Dubbo taking the lead as those receiving the strongest prices.
  • Bolstering prices has been particularly strong feedlot demand, with most lots around the country at capacity, and lot feeders dominating the number of cattle purchased in the EYCI mix.

For the full article, please click here.

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Market news
29/05/15  Friday daily cattle summary
27/05/15  Finished cow prices lag recent surge
26/05/15  Australia could hit Canadian beef import quota
26/05/15  Tuesday daily cattle summary
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Weather watch

web-weather-watch_26-02-15.jpg 

 

Widespread showers across the south east

21 May 2015

The south east region of the country received widespread rain this week, with NSW and Victoria registering falls of up to 25mm in places. South west Queensland received light showers, up to 25mm in some parts, as did most of the state’s coastline.

South east SA measured falls between 5-25 mm, while the northern regions remained mostly dry. In WA, the south west corner of the state received the heaviest falls, up to 100mm in isolated pockets along the coast. There was minimal rainfall recorded across the Top End this week.

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Grain prices

21 May 2015


$/

 tonne

Darling Downs

TW

 LY

Wheat

323

375

Barley

313

355

Sorghum

295

325

Riverina

TW
LY

Wheat

nq

295

Barley

nq

258

Sorghum*

nq

nq

*Includes freight (source: Profarmer)
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