Roma Sale Yard Report 14 Nov 2023
Substantial Increase in Cattle Numbers and Improved Prices In a significant development at the Roma Sale Yard, a total of 4,056 cattle were yarded, marking a notable increase of nearly 2,400 compared to the previous sale. This substantial influx of cattle was sourced from both far Western Queensland and the local area. The auction saw […]
Eastern States Young Cattle Indicator Report 14 Nov 2023
Eastern States Young Cattle Indicator Report Reflects Mixed Market Movements In the most recent update dated 14 November 2023, the Eastern Young Cattle Indicator (EYCI) portrays a mixed scenario in the livestock sector, marked by both short-term gains and long-term declines. The EYCI has observed an increase of 19.89 points since the previous day and […]
Wagga Sale Report 13 Nov 2023: A Comprehensive Overview
In a recent development at the Wagga cattle sale, there was a significant increase in the number of cattle presented for sale. The quality of the cattle was notably high, particularly in the category of finished cattle across various trade sectors. A key observation was the strong demand for secondary and well-finished cattle. This demand […]
Record-High Premium for Restocker Yearling Steer to Heifer in Australian Cattle Market
The Australian cattle market has witnessed significant development, with the restocker yearling steer to heifer premium reaching an all-time high. As of October 2023, this premium stands at 44%, a 1% increase from September and the highest ever recorded. While the dollar value of the premium has seen a slight decrease due to an overall […]
Meat Standards Australia Marks 25 Years with Record Returns to Beef Industry
Meat Standards Australia (MSA), the quality grading program for Australian beef, has achieved a significant milestone in its 25th year. Established by Meat & Livestock Australia (MLA) in 1998, MSA has delivered an estimated $259 million in additional farm gate returns to MSA beef producers in 2022-23. This figure represents a substantial increase from the […]
Australia’s October Rainfall Hits Two-Decade Low Amid El Niño Conditions
Australia’s Bureau of Meteorology has reported the country’s driest October in 21 years, attributing the significant decrease in rainfall to the effects of the El Niño weather pattern. This has resulted in a challenging period of heat and dryness, impacting agricultural sectors, especially wheat production, a key export commodity for the nation. The bureau’s drought […]
Australian Government Invites Views on Farming’s Net Zero Contribution
The Australian Government has called for public input on how agriculture will help meet the 2050 net-zero emissions goal. A discussion paper is now available, inviting feedback on this sector’s decarbonisation strategy. Agriculture’s share of national emissions stood at 16.8% in 2020-21, with an expected rise as other sectors reduce their emissions more affordably. Murray […]
Australian Sheep Sector Faces Downturn Amid Export Uncertainty and Climate Challenges
Australia’s sheep farming community is confronting a severe downturn, with mutton prices plummeting to their lowest in nearly two decades. This has led to distressing decisions for farmers, particularly in Western Australia, who are now facing the prospect of giving away livestock as feed or for nominal sums. According to Tim Jackson, a global supply […]
German Exporters Express Discontent Over Stalled EU-Australia Trade Deal
The abrupt halt in the EU-Australia free-trade agreement negotiations has sparked frustration among German exporters, particularly within the machinery and car industries, who stood to gain significantly from the deal. The negotiations, which have been ongoing for over a year, reached an impasse due to disagreements on agricultural market access, specifically regarding Australian sheep meat […]
Australian Government to Enhance Meat Processing Sector with Live Sheep Export Phase-Out, Agriculture Minister Announces
In a recent address to the Australian Meat Industry Council’s Meat Processing and Export Conference, Federal Agriculture Minister Murray Watt affirmed the government’s commitment to phasing out live sheep exports. This policy, he stated, is expected to bolster Australia’s meat processing sector by increasing the number of sheep processed domestically, particularly benefiting processors in Western […]
