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16 February 2024
The cattle market has eased across all indicators. Yardings have eased by 3,898 to 75,856 head. Yardings eased in a majority of states except Tasmania and Victoria. Yardings are 30,758 head above the national average for the last five weeks.

15 February 2024
For 12 weeks in a row, excluding holiday price anomalies, the restocker yearling heifer price has remained above the heavy steer indicator price. As of Thursday 15 February, the restocker yearling heifer indicator is 304¢/kg live weight (lwt), 10¢ above the heavy steer indicator at 294¢/kg lwt. This is the first extended period of a restocker heifer premium since early 2023.

09 February 2024
The cattle market was mixed this week with lifts to feeder and restocker steers, and easing in all other indicators. Yardings lifted week-to-week by 20,304 head to 74,172. A 38% lift to last week, and 98% year-on-year.

09 February 2024
Australian red meat exports have started off strong in January, with total red meat exports 41% higher than January 2023 at 133,146 shipped weight tonnes (swt). Relatively high weekly slaughter across December and January has translated into higher export volumes, and lower production in the United States has generated demand for red meat in North America, resulting in export volumes more than doubling.

02 February 2024
The cattle market has lifted significantly this week for all indicators. Yardings have eased by 1,092 to 50,971 head stabilising over the last week.

25 January 2024
Due to the national public holiday for Australia Day, this wrap was written a day in advance. Regular reporting will continue from next week. Thursday and Friday cattle and sheep sales, including Emerald, Dubbo, Wagga, Warwick and Yass, are not included in this commentary.

19 January 2024
The cattle market lifted overall this week. Yardings rose by 31,585 to 57,966 head, a 23% increase compared to the same time last year. This growth was underpinned by NSW and Queensland with combined yardings of 35,644 head.