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Market NewsWednesday daily cattle summary08 February 2017FIND OUT MORE
Wednesday daily cattle summary -
Market NewsWednesday daily sheep summary08 February 2017FIND OUT MORE
Wednesday daily sheep summary -
Market NewsQueensland OTH cattle indicators heat up in February07 February 2017FIND OUT MORE
Queensland OTH cattle indicators heat up in February -
Market NewsTuesday daily cattle summary07 February 2017FIND OUT MORE
Tuesday daily cattle summary -
Market NewsFAO Food Price Index hits 23-month high07 February 2017FIND OUT MORE
FAO Food Price Index hits 23-month high -
Industry NewsHow much debt is too much?03 February 2017FIND OUT MORE
BusinessEDGE presenter Ian McLean shares how rural businesses can manage debt, the cost of debt to your business and how assess your ideal debt levels. -
Market NewsUS imported beef prices continue to rise02 February 2017FIND OUT MORE
US Imported beef prices continue to edge higher, as a result of extremely limited spot supplies and strong demand from... -
Market NewsQueensland restocker yearling steer indicator above 400¢02 February 2017FIND OUT MORE
The Queensland restocker yearling steer indicator has jumped out of the blocks in 2017, with prices continually rising since markets reopened. While the average price paid by processors and feeders has also risen, restockers are evidently the ones driving the market, with the indicator above 400¢/kg lwt for the first time since October last year, when the indicator hit a record 418¢/kg lwt. For the other categories, feeders have also lifted, yet not nearly to the same extent, with the Queensland feeder yearling steer indicator at 367¢/kg cwt, while those to processors are at 343¢/kg lwt. Traditionally, the average price paid by the three buying groups is very close, yet demonstrating the strong restocking intent – despite a hot and dry summer, and below average three month rainfall outlook – the average price paid by restockers is almost at a record premium to the other two parties. It’s highly likely that the restocking, processor and feeder yearling steer indicators will eventually realign, noting the longstanding relationship. With this in mind, restockers should act with caution at current price levels. To conduct your own analysis and for a deeper dive into the data, visit MLA’s revamped market reports and prices webpage, where you can chart, download and listen to the latest market information. -
Market NewsThursday daily sheep summary02 February 2017FIND OUT MORE
Thursday daily sheep summary
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