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
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Eastern states trade lamb indicator
Eastern states daily indicators
30 Sep 2014
 Trade Lamb
474
– NC
 Heavy Lamb
473
▲ 4
 Mutton
319
▼ 6
 
2012
 
2013
 
2014


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Trends & analysis

The week in review 25/09/14  

  • While trade lamb (18kg-22kg) prices at National Livestock Reporting Service (NLRS) reported saleyards are down $1/kg cwt from the highs in the first half of the year, prices during the first three weeks of spring remain historically high, at 477¢/kg cwt – 4% above the five-year average and 11% and 21% above 2013 and 2012, respectively.
  • Trade lamb prices in NSW and Victoria are 5% and 6% above the five-year average at 486¢ and 483¢/kg cwt, respectively. Furthermore, NSW trade lamb prices are 22% and 12% above 2012 and 2013 levels, respectively, and in Victoria they are up 23% and 14%.
  • At 458¢/kg cwt, South Australian trade lambs were 3% above the five-year average, while in Western Australia, trade lambs averaged 463¢/kg cwt, 11% above the five-year average, and in Tasmania, the same category averaged 489¢/kg cwt, 5% above the five-year average.
  • Over-the-hooks prices have followed a similar trend, with medium trade lambs (18kg to 20kg) 11% above the national five-year average, at 516¢/kg cwt, and 7% and 10% above in NSW and Victoria, respectively.

  More red meat market trends and analysis

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Market news
30/09/14  Aussie dollar dips below 87 US cents
30/09/14  Tuesday daily cattle summary
29/09/14  Canada hungry for imported beef
26/09/14  Friday daily cattle summary
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Weather watch

web-weather-watch_19-06-14.jpg

   

 

Eastern states receive widespread showers

(Week ending 25/09/14)

Rainfall this week was widespread across the eastern states, with almost all of NSW, Victoria and Tasmania receiving showers of up to 25mm. The south-eastern corner of Queensland recorded good falls of up to 50mm, and some small isolated areas measured 100mm. SA received rainfall up to 25mm, mainly in the eastern half of the state, while showers in WA were limited to the southern regions and were heaviest towards to coast.

 

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Grain prices

25 September 2014


$/

tonne

Darling Downs

TW

 LY

Wheat

310

290

Barley

285

285

Sorghum

290

295

Riverina

TW
LY

Wheat

240

273

Barley

245

225

Sorghum*

nq

nq

*Includes freight (source: Profarmer)
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