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Thursday daily cattle09 June 2016FIND OUT MORE
The Eastern Young Cattle Indicator (EYCI) averaged 593.25¢, up 5¢/kg cwt on where it finished the previous day. -
Industry NewsProducers pivot to sell lamb direct17 March 2022FIND OUT MORE
With saleyard lamb prices across the board operating in softer territory than what they were 12 months ago, many producers have chosen to sell their lambs direct through over-the-hooks selling avenues. -
Market NewsEastern states cattle indicators drift lower again03 November 2016FIND OUT MORE
Eastern states cattle indicators drift lower again -
Market NewsThursday daily cattle summary29 September 2016FIND OUT MORE
Thursday daily cattle summary -
Market NewsFAO Food Price Index hits 23-month high07 February 2017FIND OUT MORE
FAO Food Price Index hits 23-month high -
Industry NewsImproving MSA compliance in Queensland15 June 2018FIND OUT MORE
With late winter and spring identified as a challenging time for Queensland beef producers targeting Meat Standards Australia (MSA) requirements, here are some timely tips to help improve compliance. -
Market NewsSeasonal decline, or start of a correction?15 December 2016FIND OUT MORE
So the question is, will the downward price trajectory continue, or will the market turnaround in the early stages of 2017? In the past, the cattle indicators have increased by an average 2% from January through to March, reflecting the general contraction in cattle availability. Considering the early stages of herd rebuilding are evident, and considering the significant rise in cattle on the market in the final quarter of 2016, the same supply pattern will more than likely follow again in 2017. The two factors at play that will more than likely constrain the price potential for this period are competition for finished cattle, and restocker demand. Restockers specifically have shown considerable intent over the past eight months to replenish depleted herds, and with the likelihood of a hot and dry three months ahead, according to the Australian Bureau of Meteorology, this will probably cool the competition on that front. For finished cattle prices, the Queensland over-the-hook indicators have dropped to a similar degree as young cattle prices, yet while restockers may be competing a little less fiercely, the competition between processors for the limited pool of cattle will continue to be of assistance to the market. In short, the young cattle market could be impacted by the summer heat, while the demand for finished cattle in the first quarter of 2017 is likely to remain strong. Beyond this period though and as is often the case, whether or not the recent decline is simply seasonal or a correction will be heavily influenced by the weather. A prolonged bout of dry conditions will more than likely result in a market correction, or falls greater than what would normally occur through seasonal patterns. The EYCI finished 2016 at 634.5¢/kg cwt, up 47.5¢ from the same time last year. -
Industry NewsCattle producers set for bumper spring29 July 2021FIND OUT MORE
Cattle producers set for bumper spring -
Market NewsWednesday daily cattle summary03 August 2016FIND OUT MORE
Wednesday daily cattle summary
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