The price direction of Australia’s cattle market and national herd rebuild now hinges on a solid seasonal break, following a dry finish to winter and hot September 2017 across much of Australia. (more…)
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Over-the-hooks resist rain
Despite widespread rain across the southern half of the state over the weekend, and more light showers forecast in coming days for the south-east, Queensland cattle over-the-hook indicators remained steady for most descriptions. (more…)
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US imported beef prices hold firm
US imported beef prices maintained their upward trajectory this week, as a result of limited offerings from overseas suppliers and tight availability of spot supplies in the US. (more…)
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Growth in goats
Due to the rangeland nature of much of the Australian goat industry, the size of the national herd is largely an estimate. The most recent Australian Bureau of Statistics (ABS) Agricultural Commodities survey (2015-16 fiscal year) estimates that the number of managed goats totalled 424,913 head. Meanwhile, Australian goat slaughter for the same financial year…
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