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October 2018

Reduced lamb throughput across all states this week saw prices rise across the board for sheep and lamb markets. The Eastern States Trade Lamb Indicator (ESTLI) demonstrated the apparent supply shortage with a 51¢ gain to see it close yesterday at 788¢/kg cwt.The biggest drop...

The patchy rain continued this week and so did the price rises. The Eastern Young Cattle Indicator (EYCI) is following a similar trend to last year. In 2017 the October rally lasted through until the end of the year. There is a good chance we...

Last week the United States Department of Agriculture (USDA) released their ‘Livestock and Poultry: World Market and Trade’ report which details supply and demand figures for 2018 and forecasts for beef, pork and chicken for 2019. We’re interested in the beef side, with the USDA...

Well it doesn’t rain grass, but it was great to see reasonable falls across much of the country this week. It’s not going to green up the pasture right away, but it was enough to get some green splashed across the weekly cattle price movements...

This week’s market posted a timely reminder that wool markets are not one dimensional, that is less supply does not always equate to increasing price. Supply fell and at the same time prices across the board retreated back to August levels. The Eastern Market Indicator (EMI)...

Sheep and lamb slaughter has been on the rise, but so have prices. Both lamb and mutton values rallied this week with significant rain falling just as processors seem to be increasing kills and looking for stock. The question is how much further prices can...

With rising concerns surrounding the supply of finished lambs during the summer, export processors have released forward contracts. We say the forward contracts are breaking with tradition because they are pegged well above the prices of the same time last year, which they no doubt...

Another week with some rain about and more on the forecast has cattle markets showing signs of improvement. The Eastern Young Cattle Indicator (EYCI) headed back towards 500¢, while Heavy Steers continued to show strength.The 3.5% rally in the EYCI this week (Figure 1) looks...

Lamb and sheep markets along the east coast were provided with a price boost this week as some welcome rainfall saw lamb throughput ease. The Eastern States Trade Lamb Indicator (ESTLI) climbed 3% to creep back above 700¢/kg cwt.Price gains across the eastern seaboard were...