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23 June 2023
Cattle indicators held relatively firm this week – yardings increased 44% week-on-week to 43,442 head.

20 June 2023
The growth of the Australian national cattle herd is on track to increase throughout 2023, resulting in a high supply of both young cattle and finished weight animals to market well into 2024.

16 June 2023
Most cattle indicators remained firm, with a steady yarding week-on-week.

15 June 2023
In late April 2023, MLA’s Market Information team forecast that the restocker yearling steer to heifer premium would widen further moving into winter. In Q2 2023, the premium reached its highest level on record on a quarterly basis.

09 June 2023
The cattle market continued to soften this week, despite rain tightening yardings across parts of the country. NSW and SA yardings remained firm, yet softened significantly in Victoria, Queensland and WA. The overall national volume ended the week below the weekly average for the year.

02 June 2023
May total yardings for cattle are up 51% from May 2022 with continued supply from the herd rebuild. The total yarding of 247,232 head is the highest monthly total since March 2020, when there was still some carryover supply in the north from the drought.

26 May 2023
Slaughter levels remain elevated across lambs, sheep and cattle, leading to the highest combined eastern states slaughter since 2002 at 642,500 head.

19 May 2023
Rainfall throughout parts of the eastern seaboard, coupled with a softer market in recent weeks, led to supply tightening significantly in some regions. National yardings fell by 27% or 15,000 head to see 41,000 head yarded, which is firm on the weekly average for 2023.

12 May 2023
Cattle yardings are back 20% after the very large yardings from last week but are still 147% higher year-to-date. Supply from the extensive herd rebuild is reaching the market and is not expected to slow anytime soon.