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Cattle, Market Insights

Grainfed beef lifts to new heights

  • National turnoff lifted 39% to 859,930 for the second-largest quarter on record.

  • National Capacity and Numbers on feed remain strong at records above 1.4m and 1.6m respectively.

  • Grainfed beef exports reach records, driving record total beef volumes.

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Cattle, Market Insights

Grainfed beef lifts to new heights

  • National turnoff lifted 39% to 859,930 for the second-largest quarter on record.

  • Nati...

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Market Insights, Sheep & Lamb

Mutton favoured over lamb

  • Processors are favouring mutton, as sheep slaughter reaches its largest volume in 18 years.

    • <...
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Cattle

Strong supply drives market trends

  • The Heavy Steer market appears to be returning to historic trends.

  • Heavy Steer prices...

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Cattle, Market Insights, Sheep & Lamb

How does the Australian red meat industry stack up globally?

  • Turnover for the Australian red neat industry eased 2.2% to $81.7 billion.

  • Australia ...

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Cattle

Carcase weights ease across all states: MLA

  • Carcase weights have been trending upwards since records began, lifting nearly 100kg.
    • <...
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Market Insights, Sheep & Lamb

Lamb market stabilises while waiting for new season lambs

  • Lamb prices have fluctuated unpredictably this year, starting strong, easing off and then rising 30% since...

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Cattle, Market Insights, Sheep & Lamb

Weekly lamb slaughter figures continue to break records

  • Weekly NLRS lamb slaughter continued to break records throughout 2024, tipping 500,000 seven times.

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Cattle, Sheep & Lamb

ABS releases new model for herd numbers

  • ABS has released five years of backdated herd numbers using a new model over survey data.

  • Data ...

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Cattle

Steer prices stabilise

For the past three months, prices for all steer indicators – the Restocker Steer Indicator, Feeder Steer Indicator and Heavy St...

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Market Insights, Sheep & Lamb

Light lambs stung by 162c/kg discount

Key points:

  • Heavy lambs fetch a 162¢ premium to light lambs in saleyards.

  • El...

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Mutton favoured over lamb
Sheep slaughter has reached its highest volume in 18 years, indicating processors have been favouring mutton over lamb.
Strong supply drives market trends
According to MLA, Heavy Steer prices surged 14% from July to September 2024 due to strong supply and demand, reflecting a return to historic market trends.
How does the Australian red meat industry stack up globally?
According to a new report, despite the significant ease in livestock prices, the industry remained resilient in the face of this instability thanks to strong demand across a diversifying export market and strength in the processing sector.
Carcase weights ease across all states: MLA
Average carcase weights across all states have eased, quarter-on-quarter, and year-on-year.
Lamb market stabilises while waiting for new season lambs
Lamb prices have fluctuated unpredictably this year, starting strong, easing off and then rising 30% since May. Meanwhile, Trade and Heavy Lamb Indicators surged, but Restocker Indicators lagged with a smaller 25% increase.
Weekly lamb slaughter figures continue to break records
Weekly NLRS lamb slaughter continued to break records throughout 2024, tipping 500,000 seven times.
ABS releases new model for herd numbers
ABS releases new model for herd numbers, showing a significant increase in cattle herd size. Find out how these updated figures impact industry projections and MLA estimates.
Steer prices stabilise
For the last three months, prices for all steer indicators – the Restocker Steer Indicator, Feeder Steer Indicator and Heavy Steer Indicator – have been operating along the lines of long-term market trends, remaining relatively flat in comparison to the volatility seen over the last three years.
Light lambs stung by 162c/kg discount
The price disparity between light and heavy lambs has grown. Currently, the indicators are showing a 162¢ light lamb discount, the largest discount this year.

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