Red Sea Crisis Escalates Container Shipping Costs for Australian Red Meat Exports
The ongoing crisis in the Red Sea is exerting significant pressure on container shipping services, directly impacting Australian red meat exporters. The conflict, primarily involving Iranian-backed Houthis from Yemen, has disrupted one of the world’s key maritime channels, leading to increased costs and extended delivery times for shipments to the Middle East and Europe. Ship […]
Australian Lamb Market and Hogget Supply: A 2023 Overview
In 2023, the Australian sheep industry experienced notable trends in both the lamb market and hogget supply. The national sheep flock reached its largest size since 2007, with 28.75 million head, driven by high numbers of breeding ewes and strong marking rates. Throughout the year, lamb prices showed significant fluctuations. After a decrease over eight […]
2023: A Banner Year for Australian Meat Exports
The year 2023 stands out as a historic milestone in the annals of Australian agriculture, particularly in the meat export sector. The nation witnessed a remarkable surge in its lamb and mutton exports, setting new records. Lamb exports soared to an impressive 326,014 tonnes, while mutton exports reached a notable 209,580 tonnes, marking a significant […]
Bureau of Meteorology Responds to Criticism Over El Niño Forecast
The Bureau of Meteorology (BOM) has addressed concerns regarding its long-range forecasting following a predicted hot and dry summer that resulted in unexpected widespread rain and flooding in Australia. Initial Forecast and Its Impact BOM had been indicating since March of the previous year that Australia was likely to experience an El Niño-influenced dry period. […]
Roma Store Cattle Sale: Spirited Trade on 16 Jan 2024
Roma Store Cattle Sale Witnesses a Vibrant Market with Increased Yarding On the 16th of January 2024, the Roma Store Cattle Sale saw a notable increase in cattle numbers, with a total yarding of 6,317, a significant rise of 3,604 from the previous sale. The saleyard buzzed with activity, drawing cattle from New South Wales […]
Eastern States Young Cattle Indicator – 16th Jan 2024
In a detailed analysis of the current young cattle market, the Eastern States Young Cattle Indicator (ESYCI) presents a mixed bag of results as of the 16th of January, 2024. The ESYCI, a critical barometer for the industry, recorded a moderate day-on-day increase of 12.90 points, yet the year-on-year figures suggest a significant decline of […]
Forbes and Ballarat Livestock Markets Analysis: 16th January 2024
Forbes Livestock Market Report: 16th January 2024 In the latest saleyard activity, Forbes reported a significant increase in livestock numbers, with total yarding reaching 36,300, a jump of 12,000 from the previous sale. Sheep numbers rose to 9,150, and lamb numbers saw an even larger increase, with 27,150 lambs yarded. The surge in lamb numbers […]
Dubbo & Bendigo Livestock Market Report: 15th January 2024
Dubbo Livestock Market Overview – 15th January 2024 The Dubbo saleyard witnessed a notable increase in livestock numbers on 15th January 2024, with a total yarding of 29,920, showing an increase of 8,690 from the last sale. Of these, 13,930 were sheep (up by 4,430) and 15,990 were lambs (up by 4,260). The lamb market […]
Wagga & Tamworth Cattle Sales Report – 15 Jan 2024
Wagga Cattle Sale Report – 15 Jan 2024 The Wagga Cattle Sale on January 15, 2024, showcased a remarkable total yarding of 4010, an increase of 1910 from the last sale. This larger yarding was dominated by feedlots, significantly influencing cattle prices. Bullocks, particularly those from river flats or grain assisted, saw a significant price […]
Weekly Cattle and Sheep Market Update as of 12 January 2024
The Australian cattle and sheep markets have shown diverse trends as of 12 January 2024, with cattle prices generally increasing and mixed results in the sheep and lamb sector. Cattle Market Developments This week, the cattle market experienced a general uplift, primarily driven by strong processor demand for weaner cattle. Yardings rose by 7,027 to […]
