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12 August 2022
A fortnight ago, multiple market drivers were placing downward pressure on the market. This week, similar drivers are having the opposite effect and are causing cattle prices to continue to rally across all reported categories.

05 August 2022
Strong confidence returned to the cattle markets this week, with buyers recognising opportunity in the market dynamics and driving increased demand, heightening competition for a tighter supply pool.

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.

25 July 2022
Into the new financial year and beyond, the MSA research and development (R&D) team continues to collaborate with research partners to conduct eating quality research, with the ultimate goal of ensuring all cattle and sheepmeat pathways are eligible for MSA grading.

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.

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.

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.