Providing market insights at this stage in the cattle cycle is incredibly difficult, as you can become somewhat of a self-fulfilling prophecy. The more we talk about drier seasonal conditions and falling cattle prices, the more negative the sentiment becomes. In theory, that leads to less buying and more selling, which in turn pushes the price down further. We can’t, however, hide from reality. Instead, we should focus on the facts and evidence, rather than the rhetoric.

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The United States has extended its lead away for the other three major beef export markets. The 25,761 tonnes of beef shipped to t...
Lamb exports reached 31,779 tonnes shipped in August, the highest monthly export volumes ever. The record figure comes off the bac...
Global cattle prices are now very much a tale of two markets, with those in North America and Europe holding up, while the rest of...
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.
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
Expectations for mutton exports to be lower over winter due to the historical seasonality of supply have been realized.
Australian beef exports lifted higher in June to exceed the five-year average for the second time this year.
Lamb and mutton exports maintained historic highs in June.

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