Market news

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Light trading on US imported beef market
25 Aug 2016

Light trading on US imported beef market

In their weekly update for MLA, the Steiner Consulting Group report that prices for imported beef in the US market were fairly mixed this week.

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Cattle carcase weights on the rise
25 Aug 2016

Cattle carcase weights on the rise

Australian adult cattle carcase weights have continued to increase throughout 2016, with the improvement in seasonal conditions.

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WA lamb prices lift
25 Aug 2016

WA lamb prices lift

This week, saleyard lamb supply in WA lifted around 1,000 head week-on-week, to 7,568 head – although this is close to 3,000 head lower than the same time last year (10,650 head).

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Thursday daily cattle summary
25 Aug 2016

Thursday daily cattle summary

The Eastern Young Cattle Indicator (EYCI) finished at 707.25¢, back 0.50¢ on where it had finished the previous day.

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Wednesday daily cattle summary
24 Aug 2016

Wednesday daily cattle summary

The Eastern Young Cattle Indicator (EYCI) finished at 707.75¢, back 11.50¢ on where it had finished the previous day.

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Wednesday daily sheep summary
24 Aug 2016

Wednesday daily sheep summary

This week at Forbes, lamb supply decreased 22%, to 22,000 head.

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Queensland over-the-hook indicators lower
23 Aug 2016

Queensland over-the-hook indicators lower

Queensland over-the-hook cattle indicators averaged close to 20¢/kg cwt lower across all categories this week (22 August).

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Tuesday daily sheep summary
23 Aug 2016

Tuesday daily sheep summary

This week at Dubbo, lamb supplies increased 7% to 35,680 head.

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Feeder market outpacing finished cattle
23 Aug 2016

Feeder market outpacing finished cattle

While feedlots have enjoyed ample numbers of cattle in recent years, the current and forecast supply of cattle – and the impact this is having on feeder prices – will continue to be a challenge going forward. 

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Lamb export value on par with year-ago levels
23 Aug 2016

Lamb export value on par with year-ago levels

Australian lamb exports for the 2015-16 fiscal year totalled $1.78 billion FOB which was fairly similar to the previous year, although 35% higher than the five-year (2010-11 to 2014-15) average. 

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Tongue prices reach 10-year high
18 Aug 2016

Tongue prices reach 10-year high

As reported in the latest MLA Co-products report, swiss cut tongue prices reached levels not seen since March 2006, averaging $20/kg ex-works – more than double the same time last year.

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Grassfed cattle leading the decline in national kill
18 Aug 2016

Grassfed cattle leading the decline in national kill

According to recently released data from the ABS, Australian adult cattle slaughter was back 23% year-on-year in June, taking the year-to-June total to just over 3.8 million head.

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Thursday daily cattle summary
18 Aug 2016

Thursday daily cattle summary

The Eastern Young Cattle Indicator (EYCI) lifted 0.75¢ from where it finished the previous day, to 725.75¢/kg cwt.

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US imported beef market drifts lower
18 Aug 2016

US imported beef market drifts lower

The US imported beef market moved lower this week on the back of limited offerings from overseas packers and a lack of interest from US end users, according to the Steiner Consulting Group’s weekly report for MLA.

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Reduced volatility in Australian lamb slaughter
18 Aug 2016

Reduced volatility in Australian lamb slaughter

Over the past two years, Australian lamb slaughter has become much less volatile.

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Wednesday daily sheep summary
17 Aug 2016

Wednesday daily sheep summary

Lamb consignments at Ballarat were back 23% week-on-week, to 4,792 head, in a very mixed quality yarding.

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Northern cattle markets go from strength-to-strength
16 Aug 2016

Northern cattle markets go from strength-to-strength

Highlighted in MLA’s latest North of the Tropic Beef Report, rainfall throughout Central Queensland and other major producing regions saw northern cattle markets continue to strengthen in July.

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