Markets

Records fall again in 17,186 head AuctionsPlus offering

Young cattle price records continued to fall on AuctionsPlus last week, with a line of Angus and Angus cross steer calves smashed national records when they fell for 718c/kg. Cattle numbers eased slightly, with 17,186 head listed, 1700 less than last week. The smaller offering did not dampen prices or demand, with the overall catalogue achieving 90pc clearance…Read More

Beef Central, October 26, 2020

Buyers show no fear at annual Mortlake spring sale

With the cattle market nudging a record 800 cents a kilogram Eastern Young Cattle indicator, buyers participating at Thursday’s Elders-Kerr & Co annual spring sale displayed no fear stumping up a sale average of 448c/kg or $1810 a head across its 2600 head penning…Read More

Guest Author, October 26, 2020

Budgeting beef prices difficult in current market

A challenge in periods of fluctuating prices is determining what prices to use in forward budgeting. Ian McLean explains why historical analyses of prices can be very useful in the budgeting process through using decile tables…Read More

Ian McLean, Bush Agribusiness, October 23, 2020

It’s official: EYCI sweeps into the 800’s

Predictions made over the past 12 months that young cattle prices might reach 800c/kg during the livestock supply void left after two years of drought might have been scoffed at earlier, but they came into reality this week, as the Eastern Young Cattle Indicator swept into record territory overnight…Read More

Jon Condon, October 23, 2020

New record as EYCI climbs within whisker of 800c/kg

The Eastern Young Cattle Indicator reached a new record this afternoon of 799.25¢/kg carcase weight (cwt), as markets continue to be dominated by a tight supply pool of available young cattle and heightened restocker competition…Read More

Beef Central, October 22, 2020

Dalby sale 21 Oct 2020: New high levels recorded

A large number of light weight yearling heifers were penned, and buyers were able to absorb the large supply plus lift average prices a further 16c to 28c/kg…Read More

Beef Central, October 22, 2020

Innovative marketing exposes Kimberley cattle to red hot eastern states young cattle market

Having the right cattle, in the right location, at the right time in the market cycle has seen a Kimberley (WA) cattle station pull off an extraordinary sale result for 2100 young Droughtmaster cattle offered on AuctionsPlus last Friday…Read More

Jon Condon, October 21, 2020

Roma store 21 Oct 2020: Another new top price record

Cattle numbers fell to 4,716 at the Roma Store Sale, down from the previous week by 686 head, however prices continued to rise with another new top price record set for Roma…Read More

Beef Central, October 21, 2020

Wagga sale 19 Oct 2020: Prices gain momentum

Prices improved 4-14c and the bigger lifts were for trade and feeder heifers. Quality was once again very good with most young cattle in 2 and 3 score condition…Read More

Leann Dax, October 20, 2020

‘Dearest sale ever’ for Ballarat + VIDEO

South Gippsland bullock finishers, lot feeders and backgrounders from numerous pockets of the state and interstate applied strong competition to Ballarat’s October store cattle sale held Friday…Read More

Murray Arnel, October 19, 2020

Big jump in listings, as cows and calf prices surge on AuctionsPlus

Cattle numbers for the week saw a total yarding of 18,943 head, a jump of 5186 from last week. Despite the growth in catalogue size, there was an 89pc clearance across all commercial cattle sales. Cows with calves at foot saw prices boil with the average jumping by $196 this week…Read More

Beef Central, October 18, 2020

Slaughter cows hit record high, the same week grinding meat sinks to 20-month low: What gives?

At the same time that cow prices have hit record highs in saleyards and over the hooks this week, grinding beef prices in key export markets have sink to 20-month lows.  ..Read More

Jon Condon, October 16, 2020

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