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29 July 2022
The Eastern Young Cattle Indicator (EYCI) continued to ease this week, softening 60¢ week-on-week. This brings the four-week price change to 126¢ in mid-June. The largest contributors to the indicator, Roma and Wagga Wagga, are contributing 29% collectively and are still trading at a premium on the national average. Restocker sales softened 12.6% and were overtaken by feeder sales contributing to the indicator. Read more on market drivers affecting the EYCI here.

28 July 2022
On Tuesday, the Australian Bureau of Statistics (ABS) released their 2021 financial year commodities figures. These figures indicate the national herd and flock sizes as well as agricultural land use at 30 June 2021, just before the financial year ends.

22 July 2022
The Eastern Young Cattle Indicator (EYCI) has eased 24¢ week-on-week to 954.14¢/kg cwt, with a majority of sales going to restockers. The percentage going to restockers has increased nearly 10% week-on-week with most of the sales coming out of Roma. Processors haven’t been extremely active, even though prices have dropped under 800¢/kg cwt.

21 July 2022
Sheep and lamb yardings follow seasonal patterns that come after yearly joining, lambing and shearing.

15 July 2022
The Eastern Young Cattle Indicator (EYCI) has softened a further 28c week-on-week, falling to below year-ago levels. This is off the back of Dalby sales, which traded at the national average price of 927.16c/kg cwt, easing 33c week-on-week. Dalby saw a strengthening in yardings of 2,277 head, with most sales going to restockers.

14 July 2022
MLA’s latest sheep industry projections highlight a bright outlook for Australia’s sheepmeat industry. Above-average rainfall, along with the flow-on production effects and the continuation of historically high prices, is supporting producer confidence. Robust export demand in both established and emerging markets is another shining light.

14 July 2022
Favourable seasonal conditions have supported above average lambing percentages and a larger breeding ewe flock, which continue to drive the national sheep flock’s growth, according to the latest Sheep Industry Projections update from Meat & Livestock Australia (MLA).

08 July 2022
The Eastern Young Cattle Indicator (EYCI) eased 8.17¢ week-on-week after hitting 999.09¢/kg cwt on Tuesday on the back of Dalby, which traded at 959.16¢/kg cwt. This was the lowest price since September last year and was due to the easing in yardings by 800 head with stock coming from as far as South Australia. The EYCI bounced back on Wednesday with a strong sale at Roma and Wagga trading at 5¢ and 27¢ above the national average respectively.

01 July 2022
The Eastern Young Cattle Indicator (EYCI) has eased 39c week-on-week to 1,013.57c/kg cwt. This is the lowest average price since September 2021 and is due to the mixed quality and variation in the drafts presenting at the saleyards, creating the two-tier pricing experienced over the last few weeks.

30 June 2022
FY22 was a strong year for the red meat industry, with many records being broken. Here’s a look at the performance of the livestock markets over the last 12 months.