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Mecardo
mecardo.com.au > winter-supply-remains-strong

Winter supply remains strong

3+ day, 15+ hour ago  (391+ words) High prices have cattle heading to the market as supply remains strong for winter. Prices eased slightly but remain elevated. Numbers, quality and weights remain strong coming out of the North, while southern cattle is a more of a mixed…...

Mecardo
mecardo.com.au > supply-limping-in-winter-but-buyers-dont-appear-in-a-rush

Supply limping in winter but buyers don’t appear in a rush

3+ day, 18+ hour ago  (469+ words) There were no auctions in the west this week, which brought a lower than typical bale offering. However demand leaned on the weak side relative to the last few months, which still caused indicators to fall. Looking at local market…...

Mecardo
mecardo.com.au > yardings-down-since-may-but-year-to-date-still-higher

Yardings down since May but year-to-date still higher

1+ week, 3+ day ago  (255+ words) We are getting close to the time where the cattle market prices generally have a seasonal peak before trending slightly lower. If seasonal conditions and short supply continue as they are, we should see continued support of current levels instead....

Mecardo
mecardo.com.au > winter-weight-watchers

Winter weight watchers

1+ week, 3+ day ago  (348+ words) Indicators were a mixed bag this week (see Indicator Table). Restocker lamb indicators experienced the steepest decline, down 29c to 1189c/kg cwt and Heavy lambs bounced back 33c to 1168c/kg cwt. The Eastern States Trade Lamb Indicator (ESTLI) rose 19c to 1264c/kg cwt…...

Mecardo
mecardo.com.au > mutton-and-merinos-reach-record-returns

Mutton and Merinos reach record returns

2+ week, 3+ day ago  (279+ words) Rainfall in parts of southern Australia and the onset of some colder weather could restrict supply further in the coming week. Using the Eastern States Trade Lamb Indicator’s five-year-average as a price reference, returns are generally stronger for producers from…...

Mecardo
mecardo.com.au > lamb-feeding-boom

Lamb feeding boom

2+ week, 6+ day ago  (719+ words) If you ever listen to or read the Meat and Livestock Australia (MLA) market reports from the saleyards, you’ll know that lamb lot feeders have become much more active in saleyards recently. Anecdotally lamb lot feeding is on the rise,…...

Mecardo
mecardo.com.au > trade-lamb-numbers-continue-to-fall

Trade lamb numbers continue to fall

3+ week, 3+ day ago  (405+ words) Winter chill and price premiums have returned to the southern sheep regions. Turnoff sheep are few and far between and mutton indicators are now over $9/kg. Lambs in general are scarce, but sourcing lambs to do a job at the…...

Mecardo
mecardo.com.au > brave-new-world-for-mutton

Brave new world for mutton

1+ mon, 1+ day ago  (408+ words) Another week another record high for mutton prices. At least a 55% jump in sheep yardings was not enough to meet the needs of buyers this week. The National Mutton Indicator rose 21¢ to 886¢/kg cwt. Turnoff sheep averaged $236/head at the…...

Mecardo
mecardo.com.au > crossbred-wool-prices

Crossbred wool prices

1+ mon, 1+ week ago  (357+ words) have endured a torrid time since 2020. Unlike merino, crossbred prices did not bounce back strongly in 2021 following the initial impact of the pandemic, instead remaining at depressed levels. In happier news this season prices have rebounded, which is what this…...

Mecardo
mecardo.com.au > little-fanfare-for-record-trades-and-mutton

Little fanfare for record trades and mutton

1+ mon, 1+ week ago  (640+ words) There hasn’t been a lot of fanfare, as prices have been strong for some time, increases are marginal, and the heavy end is lagging. The Eastern States Trade Lamb Indicator (ESTLI) hit a new record last week, with mutton also…...

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