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Indicator

Units

 Specification

Source

How often

 CATTLE

 

 Saleyard

Weighted average price for animals meeting the specification, at NLRS-reported saleyards over the past seven days.

Eastern Young Cattle Indicator (EYCI)

¢/kg cwt

Vealer and yearling heifers and steers, C muscle, 2 or 3 fat score, 200kg lwt or greater, from 26 saleyards across Queensland, New South Wales and Victoria

NLRS

Daily

Trade steer

¢/kg cwt

Yearling steers, 330-400kg lwt, C muscle, 3 fat score

NLRS

Weekly

Medium steer

¢/kg cwt

Grown steers, 400-500kg lwt, C muscle, 3 fat score

NLRS

Weekly

Heavy steer

¢/kg cwt

Grown steers, 500-600kg lwt, C muscle, 4 fat score

NLRS

Weekly

Medium cow

¢/kg cwt

Cows, 400-520kg lwt, D muscle, 3 fat score

NLRS

Weekly

Feeder steer

¢/kg cwt

Yearling steers, 330-400kg lwt, C muscle, 2 fat score, bought by lot feeders

NLRS

Weekly

Roma young cattle

¢/kg cwt

Vealer and yearling heifers and steers, C muscle, 2 or 3 fat score, 200kg lwt or greater, sold at Roma saleyard

ACU

Daily

Over the hooks (OTH)

Average price for animals meeting the specification, using data collected directly from contributing processors.

Trade steer

¢/kg cwt

Yearling steers, 220-260kg cwt, A-C muscle, 3-12mm fat

NLRS

Weekly

Medium steer

¢/kg cwt

Grown steers, 260-300kg cwt, A-C muscle, 7-22mm fat

NLRS

Weekly

Heavy steer

¢/kg cwt

Grown steers, 300-420kg cwt, A-C muscle, 7-22mm fat

NLRS

Weekly

Medium cow

¢/kg cwt

Cows, 240-280kg cwt, A-E muscle, 3-22mm fat

NLRS

Weekly

QLD 100-day grainfed

¢/kg cwt

Steers, 300-420kg cwt, A-C muscle, 3-4 fat score

NLRS

Weekly

Feeder cattle indicators

Average price for animals meeting the specification, using data collected directly from contributing feedlots.

Domestic feeder steer

¢/kg lwt

Feeder steers to be placed on feed for 70-100 days

NLRS

Weekly

Domestic feeder heifer

¢/kg lwt

Feeder heifers to be placed on feed for 70-100 days

NLRS

Weekly

Export feeder – shortfed 100-120 DOF

¢/kg lwt

Feeder cattle to be placed on feed for 100-120 days

NLRS

Weekly

Export feeder – medium fed 120-220 DOF

¢/kg lwt

Feeder cattle to be placed on feed for 120-220 days

NLRS

Weekly

Export feeder – long fed 220+ DOF

¢/kg lwt

Feeder cattle to be placed on feed for more than 220 days

NLRS

Weekly

  WA OTH indicators

 

Grainfed yearling

¢/kg cwt

220-260kg cwt steer, A-C muscle, 2-3 score.

NLRS

Weekly

MSA yearling

¢/kg cwt

220-260kg cwt steer, A-C muscle, 2-3 score.

NLRS

Weekly

Medium cow

¢/kg cwt

240-280kg cwt cow, A-E muscle, 2-4 score.

NLRS

Weekly

  WA saleyard indicators

 

Pastoral cow

¢/kg lwt

Cows 0-520kg lwt, no specified fat or muscle score, with NLRS prefix designated ‘pastoral’

NLRS

Weekly

Heavy cow

¢/kg lwt

Cows, 520kg+ lwt, D muscle, 3 or 4 fat score, purchased by processors

NLRS

Weekly

Heavy yearling

¢/kg lwt

Yearling steers and heifers, 400kg+ lwt, C or D muscle, 2 and 3 fat score, purchased by processors

NLRS

Weekly

Feeder yearling

¢/kg lwt

Yearling steers and heifers, 0-400kg lwt, C & D muscle, 2 fat score, purchased by lot feeders

NLRS

Weekly

Other

 

90cl

US¢/lb

Indicative price for Australian beef exports to the US

 

Reported in US¢/lb CIF (including cost, insurance, freight)

Steiner

Weekly

90cl

A¢/kg swt

Indicative price for Australian beef exports to the US, reported in A¢/kg shipped weight

 

Price is FAS (free alongside ship)

Steiner

Weekly

Light steer ex-Darwin

A¢/kg lwt

Steers, 280-350kg lwt, exported out of Darwin

Landmark

MLW weekly

Slaughter (weekly)

No. head

Total number of head slaughtered in the past week at processing plants who contribute data to NLRS (it is not compulsory to do so)

NLRS

Weekly

Yardings (weekly)

No. head

Total number of head yarded in the past week at NLRS-reported saleyards

NLRS

Weekly

SHEEP & LAMBS

 

Saleyard

Weighted average price for animals meeting the specification, at NLRS-reported saleyards over the past seven days.

Eastern States Trade Lamb Indicator (ESTLI)

¢/kg cwt

Lambs, 18-22kg cwt, 1st or 2nd cross, fat score 2-4, sold on Australian eastern seaboard

NLRS

Daily

Restocker / feeder lamb

¢/kg cwt

Lambs, 0-18kg cwt, fat score 1-2, bought by restockers or feeders

NLRS

Weekly

Light lamb

¢/kg cwt

Lambs, 12-18kg cwt, 1st & 2nd cross and merino, fat score 2-3

NLRS

Weekly

Trade lamb

¢/kg cwt

Lambs, 18-22kg cwt, 1st or 2nd cross, fat score 2-4

NLRS

Weekly

Heavy lamb

¢/kg cwt

Lambs, 22kg+ cwt, 1st or 2nd cross, fat score 2-4

NLRS

Weekly

Merino Lambs

¢/kg cwt

Lambs, 16-22kg cwt, Merino, fat score 2 and 3.

NLRS

Weekly

Mutton

¢/kg cwt

Adult sheep, 18-24kg cwt, fat score 2-3

NLRS

Weekly

Over the hooks (OTH)

Average price for animals meeting the specification, using data collected directly from contributing processors.

Medium trade lamb

¢/kg cwt

Lambs, 18-20kg cwt, fat score 2-4. Usually 2nd cross

NLRS

Weekly

Heavy trade lamb

¢/kg cwt

Lambs, 20-22kg cwt, fat score 2-4. Usually 2nd cross

NLRS

Weekly

Heavy lamb

¢/kg cwt

Lambs, 22kg+ cwt, fat score 2-5. Usually 2nd cross

NLRS

Weekly

Mutton

¢/kg cwt

Adult sheep, 18-24kg cwt, fat score 2-4

NLRS

Weekly

Other

 

Export wethers

A$/head

Live export wether, fat score 2 and 3, sold at the Muchea saleyard, WA.

NLRS

MLW weekly

Slaughter – sheep (weekly)

No. head

Total number of head slaughtered in the past week at processing plants who contribute data to NLRS (it is not compulsory to do so)

NLRS

Weekly

Slaughter – lambs (weekly)

No. head

Total number of head slaughtered in the past week at processing plants who contribute data to NLRS (it is not compulsory to do so)

NLRS

Weekly

Yardings – sheep (weekly)

No. head

Total number of head yarded in the past week at NLRS-reported saleyards

NLRS

Weekly

Yardings – lambs (weekly)

No. head

Total number of head yarded in the past week at NLRS-reported saleyards

NLRS

Weekly

WOOL

 

Eastern Market Indicator (EMI)

¢/kg clean

Includes a basket of 128 wool types, reflecting overall offering in selling centres in the eastern states of Australia.

AWEX

After each sale day

Western Market Indicator (WMI)

A¢/kg clean

Includes a basket of wool types, reflecting the overall offering in selling centres in Western Australia

AWEX

After each sale day

Micron Price Guides (MPGs)

A¢/kg clean

A range of market sub-indicators reflecting a narrower basket of wool types

AWEX

After each sale day

 

 

 

Mecardo information is provided to assist in your marketing decisions. It contains a range of data and views on the current market. It is not intended to constitute advice for a specific purpose. Before taking any action in relation to information contained within this report, you should seek advice from a qualified professional. The information is obtained from a variety of sources and neither Mecardo nor Ag Concepts Advisory will be held liable for any loss or damage whatsoever that may arise from the use of information or for any error or mis-statement contained in this report. 

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