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Showing 10 results of about 276 for 'cattle comments' :
  • CATTLE
  • NATIONAL

Friday, January 18, 2019

Not the greatest start to 2019

The first full week of cattle sales for 2019 provides limited cheer after the festive break with all key reported categories along the east coast registering price falls. There was a glimmer of hope in offshore markets, but the Bureau of Meteorology (BOM) compounded the sad start by giving us a below average rainfall forecast for much of the summer.

http://www.mecardo.com.au/commodities/cattle/market-comment/not-the-greatest-start-to-2019.aspx
  • CATTLE
  • NATIONAL

Friday, December 14, 2018

Owen brings an early Xmas gift

Rainfall to vast areas of the Eastern seaboard at the latter end of the week, compliments of ex-tropical cyclone Owen, has seen up to 50-100 mm recorded across Queensland, NSW and Victoria. The deluge has given a lift to cattle prices and provided some early Christmas cheer to producers.

http://www.mecardo.com.au/commodities/cattle/market-comment/owen-brings-an-early-xmas-gift.aspx
  • CATTLE
  • NATIONAL

Friday, December 07, 2018

Holding pattern continues

Cattle markets continue their holding pattern this week as all eyes are on the forecast, looking for the season breaking summer rains. Finished cattle supplies appear to be easing ever so slightly, and this will support finished prices.

http://www.mecardo.com.au/commodities/cattle/market-comment/holding-pattern-continues.aspx
  • CATTLE
  • NATIONAL

Friday, November 30, 2018

Climate woes as cattle price goes sideways

Terrible fires across Queensland and floods impacting coastal NSW are a cause for concern this week and are taking the focus off cattle markets. At least there wasn’t much to keep an eye on, as sale yard prices across the country remained within a handful of cents of last week’s levels.

http://www.mecardo.com.au/commodities/cattle/market-comment/climate-woes-as-cattle-price-goes-sideways.aspx
  • CATTLE
  • NATIONAL

Friday, November 23, 2018

Precipitating a boost in prices

Cattle slaughter has been on the rise, but it was no match for a rainfall led price rally this week. Despite this, the Eastern Young Cattle Indicator (EYCI) remains below the same time last year, though there are still some indicators that are beating their 2017 levels.

http://www.mecardo.com.au/commodities/cattle/market-comment/precipitating-a-boost-in-prices-(1).aspx
  • CATTLE
  • NATIONAL

Friday, November 16, 2018

Prospect of rain brings mixed fortunes

Cattle price movements across eastern states sale yards are a little mixed this week as throughput levels return to seasonal norms and the Bureau of Meteorology (BOM) release their mid-month climate forecast.

http://www.mecardo.com.au/commodities/cattle/market-comment/prospect-of-rain-brings-mixed-fortunes.aspx
  • CATTLE
  • NATIONAL

Friday, November 09, 2018

Waning restocker demand waiting for more rain.

There has been more rain about this week, but it couldn’t stop the Eastern Young Cattle Indicator (EYCI) falling. Young cattle prices are coming off six-month highs, and we thought the Melbourne Cup was supposed to the stop the nation, but it only stopped a few thousand cattle.

http://www.mecardo.com.au/commodities/cattle/market-comment/waning-restocker-demand-waiting-for-more-rain-(1).aspx
  • CATTLE
  • NATIONAL

Friday, November 02, 2018

Yarding boost provides headwind on prices

The recent rain has provided a lift to cattle prices last week across the East coast and producers responded this week to the improved prices with increased offering at the sale yard. The extra numbers putting a bit of a dampener on the rally for most categories of cattle.

http://www.mecardo.com.au/commodities/cattle/market-comment/yarding-boost-provides-headwind-on-prices.aspx
  • CATTLE
  • NATIONAL

Friday, October 26, 2018

Rain maintains price gains.

The patchy rain continued this week and so did the price rises. The Eastern Young Cattle Indicator (EYCI) is following a similar trend to last year. In 2017 the October rally lasted through until the end of the year. There is a good chance we are going to see a similar trend this year.

http://www.mecardo.com.au/commodities/cattle/market-comment/rain-maintains-price-gains.aspx
  • CATTLE
  • NATIONAL

Friday, October 19, 2018

Manna from heaven

Well it doesn’t rain grass, but it was great to see reasonable falls across much of the country this week. It’s not going to green up the pasture right away, but it was enough to get some green splashed across the weekly cattle price movements reported by NLRS as sale yard numbers remain thin for this time in the season.

http://www.mecardo.com.au/commodities/cattle/market-comment/manna-from-heaven.aspx

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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