Changes to MLA’s market reporting

03 April 2020

There are changes to MLA’s market reporting, in response to MLA’s COVID-19 containment efforts.

These changes include:

  • market reports arriving slightly later than usual
  • within reports, the unavailability of visually-assessed animal characteristics including;
    • fat and muscle scores
    • dressing percentages
    • estimated carcase weights
    • skin values
  • existing cattle and sheep indicators being suspended
  • the creation of a selection of comparable (but distinct in specification) indicators portraying saleyard-driven price trends and movements across both the nation and individual states.

These changes will remain in place until 27 April 2020, or until otherwise advised.

The main changes are:

Name of report Status of report What has changed
Physical cattle saleyard market report (detailed version) Modified

For sales where the Livestock Market Officer cannot visually assess the animal, the following data will be temporarily unavailable*:

  • muscle score
  • fat score
  • estimated CWT price
Physical sheep saleyard market report (detailed version) Modified

For sales where the Livestock Market Officer cannot visually assess the animal, the following will be temporarily unavailable*:

  • fat score
  • estimated CWT price
  • skin values
Store cattle saleyard market report Modified

For sales where the Livestock Market Officer cannot visually assess the animal, the following will be temporarily unavailable*:

  • muscle score
  • fat score
Physical sheep saleyard market report (media version) Suspended For sales where the Livestock Market Officer cannot visually assess the animal, this report will be temporarily unavailable*
EYCI daily summary report Suspended Report is suspended
Eastern states daily indicator (ESDI) report Suspended Report is suspended
Comprehensive indicator report Suspended Report is suspended

Cattle market price indicators (CV19) – national

Access the indicators here

New

Provides modified versions of the following indicators:

  • Feeder Steer
  • Medium Cow
  • Medium Steer
  • Heavy Steer
  • Vealer Steer
  • Yearling Steer

Sheep market price indicators (CV19) – national

Access the indicators here

New

Provides three new unique indicators:

  • Processor Lamb
  • Restocker Lamb
  • Mutton
All use average state-level monthly estimates of carcase prices calculated from the past five years.

*may change across location and weeks

Links to new state market indicators will be updated in this table when they are available.

Overview of changes

Meat & Livestock Australia is taking considered action to support global containment efforts of Coronavirus (COVID-19) and to safeguard the health and wellbeing of our people, their families, our stakeholders, visitors and contractors. This action includes MLA closing all its offices (except China) from 5pm Wednesday 25 March until Monday 27 April, or until otherwise advised.

This means all MLA employees (except those in our China office) – including Livestock Market Officers who collect livestock data across Australia’s saleyards - will work remotely from home from this time. For our Livestock Market Officers this means they will no longer attend saleyards but will work to deliver market reports remotely from their homes.

MLA’s Market Information service will continue, the information published on the MLA website under the following sections will continue:

There will be some differences.

The way Market Reports are developed will change, they will be written remotely and MLAs Livestock Market Offices will not be in attendance at the saleyards. Market reports will still be available and will still be generated according to ISO standards, they will rely on saleyard data being made available to MLA. Where data has not been made available to MLA, we will report that this is the case. The key differences will be:

  • Market reports will be available slightly later than usual - the sale will need to be complete before MLA will have the sale data. The report will be written following the sale completion and after obtaining feedback from saleyard staff and agents
  • The contents of the market reports will changeslightly, with the major difference being that fat and muscle scores will not be available; and for sheep and lamb there will not be an estimated carcase weight or skin value

There will be a further change to our service resulting from Market Reports being completed remotely. Existing cattle and sheep indicators will cease. The indicator charts/tools/values across the MLA webpages will no longer be updated. Existing Indicator reports will no longer be emailed, nor available on the website. All existing indicators include specifications that contain a combination of fat and/or muscle scores, dressing percentages (cattle) and estimated carcase weights (sheep) they will no longer be generated in their current form.

A selection of comparable (but distinct in specification) have been tested for accuracy in portraying saleyard-driven price trends and movements across both the nation and individual States. These will be made available to all industry stakeholders via email and / or the MLA Prices and Markets webpage

MLA’s subscription services will continue. Market reports and indicators will differ as highlighted above. All other subscription services will remain unchanged.

Back to News

Join myMLA today

One username and password for key integrity and information Systems (LPA/NVD, NLIS, MSA & LDL).

A personalised online dashboard that provides news, weather, events and R&D tools relevant to you.

Customised market information and analysis.

Learn more about myMLA

myMLA Sign Up

Already registered for myMLA?

Sign in here