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19 April 2024
The cattle market eased for all indicators with the Restocker Yearling Heifer indicator performing the strongest. Yardings reached 84,609 head with a notable increase of 15,339 head positioning it as the fourth largest yarding of the year.

18 April 2024
Last Friday, the US Department of Agriculture (USDA) published the April Livestock and Poultry: World Markets and Trade report, which included updated forecasts of US beef imports and exports. The forecasts show a substantial shift in prospective US trade flows. Although US export forecasts have been revised up slightly, US imports have been revised up by 184,000 tonnes carcase weight equivalent (cwe) to 1.89 million tonnes cwe. This means that the net trade balance for 2024 (exports minus imports) has been revised down 175,000 tonnes to minus 622,000 tonnes, the largest deficit since 2008.

17 April 2024
Registrations for MLA’s upcoming Business EDGE workshop are open to producers across Australia looking to plan for the future and drive profits.

12 April 2024
The cattle market was relatively mixed this week. Yardings lifted slightly, up 3,866 head (or 7%) to 58,596, though still below the numbers seen earlier in the year. Despite the short week last week, yardings fell in NSW and Tasmania due to several store sales. Queensland yardings lifted slightly 13,485 head, as the Queensland Monday sale was not covered this week.

12 April 2024
The Beef Producers Intentions Survey (BPIS), which was conducted in November 2023, is aimed at informing industry and particularly producers about information such as sentiment, herd profile and intentions, sales timing, drivers of on-farm decisions, cull rates, bull purchases, calving rates, sales channels and type of operation. Here, we look at survey results and analyse the state of play across the Australian beef industry.

05 April 2024
The cattle market has shown signs of improvement across various indicators. Following the Easter break and bolstered by strong rainfall, yardings increased by 1,688 to reach 23,704 head – however, this is still a 61% drop from two weeks ago. Queensland witnessed the largest reduction in yardings, declining by 1019 to 5,869 head.