If you're looking for the perfect example of a perfect storm in Australian agriculture, then look no further than the current high production of sheep, cattle and goats, and the already large volumes of meat in congested supply chains.

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The recent slide in Australian Heavy Steer pricing has seen the spread between the Aussie and US equivalent heavy steer widen to t...
Providing market insights at this stage in the cattle cycle is incredibly difficult, as you can become somewhat of a self-fulfilli...
United States meat producers are expected to begin limiting the amount of new supplies hitting the market, in an effort to guard a...
The spread between Australian and US equivalent Heavy Steer pricing has widened to the highest level on record.
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.
Analysis of over 5,000 sale bulls points to a softer market with prices back 7% from July and back 32% from August 2022.
Rabobank's recent quarterly global beef report suggests declining supply and strong consumer demand in the US is driving cattle prices higher, while lower domestic beef supply has also held up prices in Canada and Europe.
The finishing and processing section of the supply chain is now in the driver’s seat as higher supply drives the market
Falling prices have counteracted weight gains to leave steer values mostly flat
The United States has split from the pack and is screaming ahead with beef export volumes for the month of July double what it was this time last year

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