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Industry NewsRestocker demand continues to soften09 March 2023FIND OUT MORE
Restocking demand on the eastern seaboard has been softening since mid-November, although demand in Queensland has lifted considerably and currently holds a 7% premium over NSW. -
Industry NewsWeekly sheep and cattle market wrap24 February 2023FIND OUT MORE
Cattle prices remained firm across most categories this week, while buoyant sheep supply did little to dampen prices as slaughter reaches two-year highs. -
Industry NewsUS beef prices rising as slaughter remains at record highs23 February 2023FIND OUT MORE
Expected declines in American beef production are pushing prices up, while slaughter rates remain at historically high levels. -
Industry NewsWeekly cattle and sheep market wrap10 February 2023FIND OUT MORE
With the uptick in supply, prices have eased since the end of last year but held relatively steady in 2023. The new Processor Cow Indicator (previously the Medium Cow) shows that, due to current pressure of higher prices on the processors, buyers met with solid demand this week. This caused a stabilisation to occur in the market. -
Industry NewsMLA market insights: weekly update03 February 2023FIND OUT MORE
On Thursday 16 February, Meat & Livestock Australia (MLA) will present a live webinar covering all key aspects of Australia’s sheep flock and its forecasts for 2023 -
Industry NewsAustralia’s cattle herd to reach largest size in nearly a decade02 February 2023FIND OUT MORE
The Australian Beef industry and cattle herd are well positioned to capitalise on changing global supply dynamics in 2023. This year will be a year of transition and maturity for Australia’s cattle herd, with any increases in numbers now beyond rebuild status, with all key production metrics forecast to improve this year, according to the latest Cattle Industry Projections update from Meat & Livestock Australia (MLA). -
Industry NewsSheep market strong and steady for start of 202327 January 2023FIND OUT MORE
For the first time since 2016, mutton prices have dropped below $3/kg carcase weight, currently down 98c since the start of the year – a fall of 25%. In contrast, the Trade Lamb Indicator (TLI) has risen 4%, and the heavy lamb indicator is up 4.6% over the same time frame. Light lamb’s trajectory is following that of mutton – down 7%. -
Industry NewsWeekly cattle and sheep market wrap20 January 2023FIND OUT MORE
For the first full market week of 2023, slaughter volumes across most categories improved strongly. This indicates a large supply of slaughter-weight animals as producers rebuild their flocks and herds. Week-on-week, cattle numbers have improved by 62%, or 31,300 head, indicating that stock held back due to weight gain performance are beginning to hit the market. Comparing year-on-year volumes, numbers are higher by 32%, or 19,500 head, indicating a strong start to 2023. -
Industry NewsNew ABS data highlights crucial role of red meat in national commodities19 January 2023FIND OUT MORE
The Australian Bureau of Statistics (ABS) released its annual 2021–22 Value of Agricultural Commodities data this week, highlighting the crucial role the Australian red meat industry plays in national commodities. -
Industry NewsMLA completes wide-ranging indicator review and releases first live indicators of their kind for industry02 December 2022FIND OUT MORE
Meat & Livestock Australia’s (MLA) Market Information team has finished the final stage of its wide-ranging indicator review, which has included extensive consultation with producers, industry representatives and other stakeholders.
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