Direct consignment slaughter cow prices have come back sharply in QLD over the past few days, due to abundant supply as producers continue to lighten off numbers heading into winter. Current competitive offers from processors in southern parts of the state for slaughter in coming weeks have heavy cows at 420c/kg today, down 15-20c/kg on last week…Read More
Jon Condon, May 21, 2019
Almost two thirds of Australia’s red meat processors are prevented from running at capacity due to what AMIC calls a ‘Labour Deficit Epidemic’ in regional Australia. ..Read More
While some southern direct consignment grid prices have risen over the past week as typical pre-winter seasonal supply issues emerge, over-the-hooks rates in Queensland have remained unchanged again this week, continuing a three-week trend…Read More
Jon Condon, May 14, 2019
Diversified agribusiness investor the Manildra Group has launched a public expressions of interest campaign to sell its Cootamundra multi-species abattoir in the NSW Riverina region…Read More
Jon Condon, May 10, 2019
Beef production in March reached its highest monthly level since 2015, statistics released by the ABS this morning show. The prolonged and lingering impact of drought across eastern Australia continues to be reflected in unusually high rates of kill, especially for cows. Adult cattle slaughtered across Australia during March was 12pc higher than the corresponding March kill a year earlier, ABS data shows…Read More
Jon Condon, May 7, 2019
A topic of conversation around processing circles this week has been the impact that current heavy reliance on grain-finishing systems because of drought is likely to have on slaughter cattle supply later in the year…Read More
Jon Condon, April 30, 2019
Encouraging, if somewhat patchy falls since Thursday of anywhere from 25-150mm across eastern parts of Queensland and New South Wales have applied a handbrake to slaughter cattle over-supply and price deterioration this week…Read More
Jon Condon, March 19, 2019
Direct consignment slaughter cattle prices have entered free-fall territory in the past week, as the relentless surge in stock turnoff across eastern Australia pushes supply and demand seriously out of balance…Read More
Jon Condon, March 12, 2019
Heavy supply of slaughter cattle from drought-affected areas continues to impact cattle markets, with direct consignment grid offers in southern Queensland falling further this week…Read More
Jon Condon, March 5, 2019
Direct consignment price grids took another hit this week, as big inflows of cattle forced by drought decision-making continue to come to market across eastern Australia. Cow prices in the southern QLD region have fallen anywhere from 5-20c/kg in places in the past seven days, while steers are generally 5-10c/kg cheaper. ..Read More
Jon Condon, February 26, 2019
Tough decisions about disposing of another round of breeding cows out of drought-ravaged regions of NSW and QLD are driving big kills during February. Overall kills last week across the five eastern states reached 146,578 head – easily the largest weekly throughput for the year so far…Read More
Jon Condon, February 19, 2019
The disappointing lack of significant summer rain relief over the Christmas/New Year period is being reflected in opening gambit slaughter cattle offers from beef processors in Queensland and NSW this week. Saleyards markets have followed a similar trend…Read More
Jon Condon, January 15, 2019