In this week’s episode of The Weekly Grill podcast series, host Kerry Lonergan turns up the heat again on StockCo’s Chris Howie and Thomas Elder Markets’ Matt Dalgleish, as the Eastern Young Cattle Indicator continues to soar to new record highs, hitting 1031c/kg overnight.
Have we yet seen the peak in young cattle prices? Will the spring flush cattle turnoff in southern Australia pressure young cattle values? Both Matt and Chris are forecasting a softening trend, but market fundamentals among restockers, lotfeeders and processors jostling for scarce young cattle remain buoyant, to say the least.
Check out our previous Weekly Grill podcasts here, including interviews with Council of Australia president Markus Rathsmann; Patrick Warmoll, the boss of Jack’s Creek Wagyu; veteran pastoral company executive Roger Halliwell; retired non-packer beef exporter, Richard Rains; carbon trading expert, Toby Grogan from Impact Agriculture; Red Meat Advisory Council chair, John McKillop; stud cattle showing identities Gary Noller and Rob Sinnamon; veteran Victorian cattle buyer David Ronalds; beef processing legend, ACC’s David Foote; Live export class action facilitator, Tracey Hayes; Signature Beef’s Blair Angus; Consolidated Pastoral Co chief and Livecorp chairman, Troy Setter; nutrition scientist and MLA special skills board member, Manny Noakes; CCA independent northern and southern directors, Alice Greenup and Olivia Lawson; Australian Agricultural Co head Hugh Killen; Sydney independent red meat retailer Stephen Kelly; lotfeeder, Charlie Mort; processor and supply chain manager, Terry Nolan; livestock transport operator Ross Fraser; Organic supply chain manager Alister Ferguson; and our first cattle market outlook, with TEM’s Matt Dalgleish and Stockco’s Chris Howie.
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