The recovery in cattle prices in the run-up to Christmas is tipped to flow into the New Year, as tightening supply and ongoing strong grass-fuelled demand provides solid foundations for the market. The Eastern Young Cattle Indicator has once again popped over the 800 cents a kilogram carcase weight, following a short-lived decline on the.
96 Angus X heifers PTIC Sold by Nick Hall at Walcha on Auctions Plus Friday 11 December for $2,800 Great result for our vendors!
As 2020 will be remembered for the COVID-19 disruptions to normal life, for rural communities, the rapid transformation in seasonal conditions throughout the year has been a very pleasant change, especially in the southern states. For NSW cattle producers, frequent and widespread rainfall since autumn has rejuvenated spirits, with resurgent restocking demand boosting prices across.
Young cattle price records continued to fall on AuctionsPlus last week, with a line of Angus and Angus cross steer calves smashed national records when they fell for 718c/kg. Cattle numbers eased slightly this week with 17,186 head listed, 1700 less than last week. The smaller offering did not dampen prices or demand, with the.
Fevered restocking has shifted into a race to rebuild that is pushing young cattle prices skyward, with heifers leading the charge. Heifers are now worth as much as steers, sometimes more, as the reality sets in of shrinking supply against a backdrop of paddocks already full of feed and one of the most favourable spring.
Japan is proving a solid rock for Australian beef exports during pandemic volatility and with restaurants there now back to 75 per cent of normal traffic, the outlook is strong. Japan remains neck and neck with China as Australia’s largest beef export market by value, with demand seemingly weathering the COVID storm well. The latest.
The typical dip in slaughter that comes with winter, combined with a low herd and very good seasonal conditions across much of the eastern states’ cattle country is creating a buffer from global beef market concerns for the cattle market. Cattle prices across all specifications continue to climb, with the benchmark Eastern Young Cattle Indicator.
Pasture production potential may be underestimated as temperatures drop this winter in southern areas where the autumn break was exceptional. Warmer winters, and the implications that has for plant growth and nitrogen, was the topic of discussion at the latest Meat & Livestock Australia productivity and profitability webinar hosted by Holmes and Sackett. Understanding the.
Cattle numbers were back this week to see just shy of 19,000 head offered online, about 2000 less than last week. The smaller offering did not dampen the strength of the current market with prices increasing for most stock categories. This week may have seen a change in season, with winter now upon us, however,.
Cattle numbers were up 10 percent on AuctionsPlus this week with a total offering of 21,083 head, while clearance rates eased from the highs experienced last week to sit at 84pc. The Eastern States sale recorded 1214 registered buyers entering the sale with a total of 269 users placing a bid, of which 104 were.
