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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.

26 July 2022
As the third generation of a pioneering sheep breeding family, WA producer Lynley Anderson is dedicated to producing resilient sheep which meet environmental challenges head-on and deliver on market expectations.

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.

22 July 2022
In the 2022–23 financial year, MLA’s Market Information team will be conducting an extensive review of all indicators the organisation publishes relating to price data.

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.

15 July 2022
In an effort to combat rising inflation, the South Korean Government has announced several temporary measures to lower prices in staple goods, including beef. President Yoon Suk-Yeol announced that tariffs would be suspended for 100,000 tonnes of imported beef, beginning on 20 July and running until the end of the year.  

14 July 2022
With the 2021–22 financial year in the rear-view mirror, we’re starting to see emerging trends in red meat exports that bode well for the industry. As the herd and flock rebuilds begin to mature, exports are rising despite ongoing challenges from an unsettled global landscape.

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).