Significant Shift in Lamb Market Dynamics as Light Lamb Indicator Surges by 54%
TL;DR: In a notable development within the lamb industry, the light lamb indicator has experienced a substantial 54% increase since October 2023. This surge reflects a marked improvement in the outlook for the year and a significant shift in producer sentiment. Meat & Livestock Australia’s analysis reveals that processors and restockers, as the largest buyer […]
Enhancing Lamb Production with Forage Brassicas: A Case Study from NSW
TL;DR: In the southwest slopes of NSW, Rod and Nick Kershaw have made a notable advancement in their prime lamb and wool enterprise by incorporating forage brassicas into their mixed farming operation. This strategic move has not only enhanced their on-farm lamb production but also contributed to maintaining clean paddocks alongside their cropping program. The […]
Labour Challenges in Red Meat Processing Show Signs of Easing Amidst Production Growth
TL;DR: Recent developments suggest that the red meat processing industry is beginning to overcome some of the labour challenges experienced last year. Early 2024 saw a significant increase in slaughter numbers, with the first four weeks showing a 12% rise compared to the same period in 2023, as reported by the National Livestock Reporting Service. […]
Eastern Australia Sees Surge in Cattle Supply Amid Improved Weather and Market Dynamics
TL;DR: This week has seen a marked rise in the availability of slaughter cattle in eastern Australia, following a period of wet weather that had previously hampered deliveries. The improvement in weather conditions has facilitated a noticeable uptick in sales through both direct consignment and sale yard channels. Several key factors are influencing producers’ decisions […]
Online Cattle Market Sees Robust Start to the Year
TL;DR: In a remarkable start to the year, Australia’s online cattle market witnessed a significant surge in offerings, reaching 17,012 head in January. This figure nearly triples the listings, setting a strong pace not seen since the early months of 2023. Despite the Australia Day long weekend causing a brief disruption, the market bounced back […]
Australia Sees Robust Start to Year in Beef Exports
TL;DR: Australia’s beef exports have kicked off the year with remarkable strength, recording a January total of 75,585 tonnes. This figure represents the most substantial start to the year since the drought period of 2019-20, significantly surpassing the five-year January average of 59,000 tonnes. The increase follows a strong December trade and occurs despite disruptions […]
Australia Hits Record A$17 Billion in Red Meat Exports in 2023
TL;DR: In 2023, Australia set a new benchmark by exporting red meat worth a record A$17.08 billion, encompassing 1.84 million shipped weight tonnes, to more than 100 countries. This achievement underscores the country’s pivotal role in the global red meat industry, as detailed in Meat & Livestock Australia’s (MLA) annual global market snapshots for 2024. […]
Australian Livestock Market Weekly Wrap-Up: A Comprehensive Overview
TL;DR: In the latest update from the Australian livestock market, there has been a notable uplift in market indicators for both cattle and sheep, reflecting a positive trend in the industry as of February 2024. Cattle Market Trends The cattle sector witnessed a significant uptick this week across all indicators. The Eastern States Young Cattle […]
Australia’s Red Meat Industry: A Global Powerhouse
TL;DR: Meat & Livestock Australia (MLA) has recently published its 2024 global market snapshots, casting a spotlight on Australia’s formidable position in the worldwide red meat trade. These comprehensive analyses span fourteen markets, offering stakeholders a wealth of information on consumer trends, export achievements, and the broader competitive landscape. Diverse Market Insights The scope of […]
2023 Marks a Year of Revival for Australian Live Exports
TL;DR: The year 2023 stood out as a period of significant growth for Australia’s live export sector. The industry saw an uplift in the number of live cattle and sheep exported, indicating a robust recovery and a positive trajectory. This resurgence is particularly noteworthy given the challenges faced in previous years, underscoring the sector’s resilience […]
