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Tim McRae

Tim McRae

Tim McRae is the Chief Market Analyst at AuctionsPlus. Formerly the Chief Economist & Manager of the National Livestock Reporting Service with MLA, Tim is an industry leading analyst with key skills in modelling and communicating the outlook and forecasts for the Australian Red Meat and Livestock Industry.

LATEST

Sheep & Lamb

Buyer & Seller Power Rankings: Sheep and Lamb March 2021

AuctionsPlus inaugural quarterly “Buyer and Seller Power Rankings” has been developed by the AuctionsPlus Market Insights (AMI) team to increase market awareness regarding the transactional trends and regional movement of sheep and lambs through Australia’s largest livestock market.

Monthly Wrap

Sheep & Lamb Monthly Summary - March 2021

March was another very strong month for sheep and lambs offered exclusively through AuctionsPlus, with over 400,000 head offered for sale – registering a 73% clearance rate for the month. Widespread inland rain, especially through NSW, during the second half of the month tightened supplies considerably, as many producers looked towards planning for winter cropping programs, confident that pasture and feed supplies would be ample once the cooler conditions arrive.

Cattle

Buyer & Seller Power Rankings: Cattle March 2021

AuctionsPlus inaugural quarterly Buyer and Seller Power Rankings has been developed by the AuctionsPlus Market Insights (AMI) team to increase market awareness regarding the transactional trends and regional movement of cattle through Australia’s largest cattle market.

Sheep & Lamb

Australian Lamb – From Rising Star to Star Performer

The Australian lamb industry over the past two decades has been a standout performer across the agricultural landscape. From a rising star in the early 2000’s, the value of the industry has consistently increased year-on-year, underpinned by a determined focus on meat quality and optimising the consumer experience – both in Australia and through export markets.

Cattle

Unprecedented, Unsustainable & Unbalanced…

The state of the cattle market in early March 2021 “Unprecedented” Unprecedented must be the most over used word since the Covid-19 outbreak took hold around 12-months ago. It is also the best way to explain the activities of the cattle market over the same period. The EYCI hitting 888.25c/kg cwt in the final week of January 2021 would have been well beyond all optimistic forecasts at the start of 2020, as drought conditions plagued most growing regions.

Market Insights

2021 Starts with Ball Back in Sellers Court

The transparent and simple dynamics of the Auctions system is a great gauge of who holds the balance in a market at any time – be it housing, the share market or Australian cattle market. With too many buyers and too few sellers, both prices and clearance rates should increase – as was the case for cattle prices throughout 2020.

Market Insights

AuctionsPlus Statistical Review December - 2020

AuctionsPlus Statistical Review December - 2020 AuctionsPlus Market Insights

Cattle

AuctionsPlus Cattle Forecasts December 2020

AuctionsPlus Cattle Forecasts December 2020 Tim McRae, Chief Market Analyst, AuctionsPlus Market Insights