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
17/09/14  SA weekly cattle summary
17/09/14  SA weekly sheep summary
17/09/14  Skin prices continue downward trend
17/09/14  Cattle market alert
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Eastern states trade lamb indicator
Eastern states daily indicators
17 Sep 2014
 Trade Lamb
473
▼ 2
 Heavy Lamb
472
▼ 2
 Mutton
324
▼ 2
 
2012
 
2013
 
2014


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Trends & analysis

The week in review 11/09/14  

  • For September-to-date, the Eastern Young Cattle Indicator (EYCI) has maintained its level above 360¢/kg cwt, assisted by isolated showers across the country, especially in the drought affected areas of the north.
  • Aside from hitting 361¢ in April – albeit for just one day, the EYCI hasn’t exceeded the 360¢ barrier since falling below in May 2012, pressured by large lines of drought affected cattle continuously entering the market. However, since the beginning of September, the EYCI has traded between 360.25¢ and 362¢/kg cwt.
  • Expressing the current strength of the market, and producers capitalising on the highest prices in over two years, average weekly offerings have also been significantly higher (64%) than September last year, at 19,700 head, yet price buoyancy has been maintained.
  • Within the lines that contribute to the EYCI, yearling heifers and steers have each lifted to similar magnitudes in recent weeks, indicating the strengthening restocking intentions across the country for young cattle.
  • September is traditionally a month when cattle prices seasonally decline, yet so far the apparent strength in the market is reversing the trend, and with good seasonal fortune, is likely to remain the case for the balance of the year – or at least minimise the significance of the usual decline.

  More red meat market trends and analysis

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Market news
17/09/14  SA weekly cattle summary
17/09/14  SA weekly sheep summary
17/09/14  Skin prices continue downward trend
17/09/14  Cattle market alert
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Weather watch

web-weather-watch_19-06-14.jpg

   

 

Patchy, stormy week

(Week ending 11/09/14)

The past week saw some patchy falls across the eastern states, largely delivered through storm activity and some wild winds. The heavier falls where scattered through southern Queensland and south eastern NSW centres, hopefully signalling the start to a favourable autumn. WA continued to register some good totals across eastern regions, with in excess of 50mm.

 

Get the latest weather

Grain prices

11 September 2014


$/

tonne

Darling Downs

TW

 LY

Wheat

325

315

Barley

300

300

Sorghum

295

288

Riverina

TW
LY

Wheat

264

270

Barley

245

209

Sorghum*

nq

nq

*Includes freight (source: Profarmer)
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