• Adult cattle carcase weights lifted by 1% to 315kg. 

  • Queensland male cattle carcase weights are 5% above the national average. 

  • Female cattle carcase weights have increased by 4% to reach 280kg in 2024.

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Australia’s cattle market is more exposed to changes in producer sentiment, as it sits in a “state of balance” – with improved bee...
Key points: Heavy lambs fetch a 162¢ premium to light lambs in saleyards. Elevated US demand for heavier carcase weights has suppo...
Processor activity has dipped from the record highs experienced before the short Easter weeks, but a strong interest from processo...
Australia’s cattle market is more exposed to changes in producer sentiment, as it sits in a “state of balance” – with improved beef production waiting on an increase in demand. That is according to Rabobank’s Australian Beef Seasonal Outlook 2024.
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.
Processor activity has dipped from the record highs experienced before the short Easter weeks, but a strong interest from processors in a big yarding week bodes well for the continued high trajectory for slaughter figures. 
We look at how regions have been buying and selling during the first quarter of 2024. 
Cattle throughput is the lowest it's been since November 2019 and the EYCI has lost more than 50c/kg in the past month.
Rabobank says restocker cattle throughput has been high but good seasonal conditions have kept producers in the market and happy to be spending.
Australia’s farm, fisheries and forestry sectors are set to rebound in 2024-25, with the gross value expected to be the third highest on record, all while exports are forecast to decline.
After three years of consecutive growth, the Australian sheep flock is set to decrease by 2.9% to 76,500,000 in 2024, according to the latest Sheep Industry Projections from Meat & Livestock Australia (MLA).  
Australia’s cattle herd has entered a maintenance phase underpinned by above-average female retention according to Meat & Livestock Australia’s (MLA) Cattle Industry Projections released today. 

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