Young cattle prices gained some ground this week, for the first time in some while. The Eastern Young Cattle Indicator (EYCI) has fallen for 12 weeks without any real break. This week the break came, with the EYCI gaining 14¢ to move back to 553¢/kg...
Key points:The term 90CL describes how lean, in chemical percentage terms, a pack of meat is. 90CL refers to meat that is 90% lean red meat and 10% fat. Monthly fluctuations in the 90CL closely follow the price pattern set by US Live Cattle...
National Trade Steers holding up reasonably well this week, supported by price lifts in Queensland, as most other categories of cattle take the lead of the Eastern Young Cattle Indicator (EYCI) and continue to probe lower. Although, prices out West and in Victoria buck the...
The slide in cattle prices continued this week, with more help from lower export prices, pushing the EYCI back to two year lows for this time of year. Rainfall across NSW and Victoria doesn’t seem to have helped the cause yet, as supply continues to...
The last week has seen some interesting events in the international beef trade. The good for Australia was the increasing of tariffs on US frozen beef exports to Japan. The bad and the ugly was the Chinese temporary ban on beef and lamb exports from...
A quick glance at Meat and Livestock Australia’s (MLA) ‘Market Insider’ on Thursday afternoon would be enough to come to the conclusion that we are headed back to 2013 price levels. It’s not that bad, but there is plenty of downside pressure coming on the...
It has been some time since we had a look at live cattle exports so we thought it timely to focus in on the changing market share of the live cattle trade among the key export states, along with the price relationships that exist between...
