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09 December 2022
New indicator: Restocker Yearling Heifer Today, MLA’s Market Information team released the Restocker Yearling Heifer Indicator, the first release in...

09 December 2022
Buyer demand, a greater selectivity on quality and wet weather were the hallmarks of a historically momentous 2022 year for Australia’s cattle industry.

08 December 2022
The sheep and lamb market has seen some ups and downs in 2022. As the year draws to a close, we take a look at the prices, yardings and slaughter over the past 12 months.

02 December 2022
November cattle yardings have come in at the highest monthly yardings in two years. The last time monthly yardings were above 220,000 head was in November 2020, when producers continued to liquidate numbers to rebuild balance sheets and capitalise on strong market prices. Yardings in November increased 49% on last month, showing how drier weather and cattle coming to market weights can influence numbers. This inevitably puts downward pressure on prices, as can be seen across all indicators.

30 November 2022
Australian red meat producers now have access to weekly information on their farm-level pasture status with the release of a new tool called the Australian Feedbase Monitor (AFM).

25 November 2022
Weekly national yardings reached 56,419 head this week, which was 53% higher than the 2022 weekly average. States that saw solid improvements in yardings were NSW, Queensland and WA, lifting 63%, 24% and 47% respectively week-on-week. Victorian and South Australian yardings both fell this week by 37% and 17% respectively.

18 November 2022
To nobody’s surprise, supply tightened significantly across both species in most states this week. It’s been a common trend over the past three months as wet weather continues to impact transport access and mustering capability. However, the large supply last week allowed producers time to reset their marketing strategies to reflect more normal supply fluctuations moving forward.

11 November 2022
Cattle and sheep supply is expected to continue increasing until the end of the year as the herd and flock rebuilds move into summer.

03 November 2022
Since August, national supply of new season lambs has operated 42% (or 433,000 head) lower than the same timeframe in 2021. Average prices at a national level are also back by $30/head or 14% compared to August–November 2021. However, despite new season lamb prices softening from the record highs seen in 2021, this week’s price of $183 is 19% or $29/head higher than the five-year average of $154/head.

03 November 2022
While sheep and lamb yardings fell back this week, cattle yardings lifted in several states.