The cattle market eased this week. With Christmas at our doorstep, some key saleyards have closed for the year and will start up in the new year. Market reports states key buyers and processors were not operating thus entering a cheaper market compared to the previous week. Cattle yardings dropped by 75,112 to 7,452 head, however such a significant decline is expected given the time of year.

This year has brought its fair share of challenges, from complex geopolitics to drier weather conditions in Australia, cost-of-living concerns, and a backdrop of uncertain global economic growth. But from a program perspective, it is also the year when a lot of the planning and development undertaken by MLA’s international team has come to life.

Southeast Asia (SEA) initiatives have been in full swing throughout 2023, with a strong involvement in Aussie Meat Academy activities and tradeshows.

As Australian red meat supply picks up, MLA is supporting exporters and levy payers to capitalise on the positive trading conditions in North America.

After its recent launch this year, the Aussie Meat Trade Hub has quickly become MLA’s single-source for resources and services to assist with buying, selling, promoting and marketing Australian beef, lamb and goatmeat products internationally across global markets. As an Australian exporter and/or producer, you may be eligible to be listed on the Aussie Meat Trade Hub Exporters Database.ase

The cattle market eased this week, with the nearing Christmas shutdowns causing a slight dip in the number of buyers and processors attending sales compared to the previous week. Cattle yardings fell by 20,615 to 77,881 head, but despite the significant week-on-week drop, this was the second largest week of the year in terms of yardings.

The sheep and lamb industry faced unprecedented challenges during 2023 and market confidence was shaken at various points, creating substantial movements in indicator pricing throughout the year.

online summary

final report

The cattle market generally lifted this week, as producer confidence improved ahead of the looming Christmas holiday season. Cattle yardings increased 31,926 to 86,857 head, the largest weekly yarding since November 2019.