Search

17 May 2024
The Bureau of Meteorology (BOM) announcement of a La Niña watch has imbued the cattle market with a positive outlook for a majority of indicators. Yardings eased slightly by 529 to 59,006 head, year-to-date with a 12% decrease in yardings. Yardings have stabilised for the past three weeks from around 60,000 to 65,000 head.

16 May 2024
Year-to-date yardings have increased by approximately 30%, which has largely been driven by a growing number of processors participating at saleyards. Since the end of 2023, a growing number of cattle have been sold to processors, supported by the record weekly slaughter figures averaging 130,000 head per week.

10 May 2024
With Beef Australia this week, the market was generally positive noting yardings easing by 11,672 to 54,236 head, a 34% reduction compared to the previous week. NSW yarding eased by 47% closely followed by Queensland with a 35% decrease in yardings.

03 May 2024
The cattle market has generally trended positively, except the Restocker Yearling Steer Indicator and Feeder Steer Indicator which both eased by 5¢. Yardings have lifted by 19,668 to 58,524 head – a 29% increase in yardings. Market reports indicate that yardings have been mixed, potentially impacting price.

02 May 2024
The Eastern Young Cattle Indicator, or EYCI, is a seven-day rolling average of young cattle from 23 saleyards across Queensland, NSW and Victoria. It is expressed in cents per kilogram carcase (or dressed) weight (¢/kg cwt) and is rounded to two decimal points

26 April 2024
Lamb and sheep slaughter achieve the second largest weekly slaughter on record.