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20 October 2023
At the time of writing (Thursday 19 October), several market reports from this week have not been uploaded to the NLRS database due to technical issues, impacting the current presentation of yardings, indicator prices and the market reports themselves.

13 October 2023
Cattle yardings lifted by 8,243 from last week to 34,299 head, as several sales in NSW and Queensland that did not run in the previous week due to public holidays ran this week.

12 October 2023
Sheep and lambs follow a seasonal pattern where conception starts in January/February and are then born in June/July of the same year. During spring, pastures are growing the fastest, lambs are being weaned and begin to put on weight. During this time of the year lamb supply is at its highest.

06 October 2023
Rain fell across much of southern Australia last week, with some parts of Victoria and NSW receiving more rain in the past week than over the entire month of September. Elsewhere, rain was more limited but large parts of southeast Queensland, South Australia, and southwest WA had at least some rain, in contrast to a relatively dry winter.

29 September 2023
Prices and Market

22 September 2023
On Tuesday, the Bureau of Meteorology (BOM) declared that El Niño and a positive Indian Ocean Dipole (IOD) are underway. This suggests that spring and summer this year are likely to be hotter and drier than average, which aligns with previous forecasts from the BOM.

15 September 2023
Cattle yardings rose by 6,383 to 44,533 head. The market eased this week, with price movements consistent between saleyards compared to previous weeks.

08 September 2023
31,779 tonnes of Australian lamb were exported in August, 21% more than August 2022 and the highest monthly export volume on record.

08 September 2023
The Australian wool market, measured by the Eastern Market Indicator (EMI), is outperforming all sheep and lamb indicators this year. The EMI has fallen 12% over the last 12 months; in comparison, the heavy lamb (the best-performing ovine indicator) has fallen 38%.

08 September 2023
Cattle yardings were their lowest in nine weeks this week, tightening by 11,108 to 38,150 head. Yardings in NSW and Victoria eased marginally due to fortnightly sales not running this week, while yardings in Queensland tightened by 10,778 head. Numbers in Queensland eased in every sale, with sales an average of 29% smaller than the week before.