AuctionsPlus News
  • Following the volatile market last year, producers acted cautiously in 2024.

  • Differing conditions across the country promoted trade and competition.

  • Record production was driven by strong export demand.

  • Following the volatile market last year, producers acted cautiously in 2024.

  • Differin...

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

  • Nati...

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

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

  • Heavy Steer prices...

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

  • Australia ...

  • Carcase weights have been trending upwards since records began, lifting nearly 100kg.
  • <...
  • Lamb prices have fluctuated unpredictably this year, starting strong, easing off and then rising 30% since...

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

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

  • Data ...

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

Key points:

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

  • El...

Over the past five years, the Australian feedlot sector has grown by 24%. Despite slowed growth this quarter, the sector remains strong, with the number of cattle on feed staying above 1.4 million head, sustaining record-breaking growth.
Sheep slaughter has reached its highest volume in 18 years, indicating processors have been favouring mutton over lamb.
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.
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.
Average carcase weights across all states have eased, quarter-on-quarter, and year-on-year.
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 NLRS lamb slaughter continued to break records throughout 2024, tipping 500,000 seven times.
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.
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.

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