Prices for young cattle on the AuctionsPlus platform have been increasingly outperforming the sale yard prices being achieved for young cattle across the east coast in recent months.

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There has been a noticeable lift in weekly lamb processing volumes across east coast abattoirs in the past two months.
The recent slide in Australian Heavy Steer pricing has seen the spread between the Aussie and US equivalent heavy steer widen to t...
RaboResearch senior animal proteins analyst Angus Gidley-Baird believes there is "a slightly brighter light at the end of a slightly shorter tunnel for the cattle industry compared to the sheep industry at the moment".
For the first half of 2023, sheep slaughter is nearly 70% higher than the levels seen over the first half of 2022.
The spread between Australian and US equivalent Heavy Steer pricing has widened to the highest level on record.
It is important to keep a close eye on indications of soil moisture and pasture growth in your specific region as it may look vastly different to the national picture.
Increased turn-off of livestock into late spring and summer poses further downside risk to prices. Some much-needed rain at the right time would see supply held back and support prices.
United States meat producers are expected to begin limiting the amount of new supplies hitting the market, in an effort to guard against further margin volatility while warding off competition for consumer dollars.
The 25,761 tonnes of beef shipped to the US was the highest monthly volume since June 2020.
Lamb exports reached 31,779 tonnes shipped in August, the highest monthly export volumes ever.
Analysis of over 5,000 sale bulls points to a softer market with prices back 7% from July and back 32% from August 2022.

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