IT’S official: Construction of the first significant greenfield beef processing plant to be built in Queensland in more than 20 years will begin on November 1…Read More
A BIG drop in US fed cattle prices over the past month has opened up a gap worth up to $300 a head in comparisons with similar grainfed export cattle out of Australia. The move has added considerable competition headwinds for Australia in key grainfed export markets like Japan and South Korea, trade sources say…Read More
Jon Condon, September 10, 2019
Queensland slaughter grid prices are unchanged this week, ending a five-week passage of steady advances in processor offers – partly influenced by an easing in parts of eastern Australia in saleyards prices over the past fortnight…Read More
Jon Condon, August 7, 2019
Some eastern states slaughter grids, especially for cows, have advanced another 10c/kg this week, as slaughter cattle supply prospects for the months ahead start to further tighten. The latest changes mean upwards price movements in Queensland grids have continued into a fifth straight week, at the same time that the eastern Young Cattle Indicator has surged dramatically.
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A third consecutive week of processor grid price rises has seen cow and steer direct consignment rates across much of eastern Australia reach their highest point for the 2019 year…Read More
Jon Condon, July 23, 2019
A second round of processor grid price rises has occurred across parts of eastern states this week, in what may turn out to be the start of the much anticipated fundamental shift in the slaughter cattle supply/demand/price equation, following 18 months of severe drought…Read More
Jon Condon, July 16, 2019
The prolonged and lingering impact of drought across eastern Australia continues to be reflected in unusually high rates of kill, especially for cows. Grid price offers remained steady across Queensland and NSW last week, as processors are well supplied with slaughter stock until mid-July…Read More
Jon Condon, June 11, 2019
Drought pressure has pushed slaughter numbers to a three and a half year high last week, as freezing conditions and heavy frosts across large parts of eastern Australia prompt another wave of herd reduction heading into mid-year.The seven day kill to Friday showed last week’s eastern states kill at 158,991 head – the highest number seen since October 2015…Read More
Jon Condon, June 4, 2019
With first frosts making an appearance in some areas of eastern Australia in the past few days, large numbers of cows continue to flow into processing channels this week as more drought-impacted producers move to lighten-off numbers heading into winter…Read More
Jon Condon, May 28, 2019
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
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
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