The industry has seen significant gains in beef prices in recent years, the graph below shows the monthly average saleyard prices of yearling steers in Queensland over the last 36 years. The above graph shows that prices are somewhat stepped over time, being largely flat for ...
A DRAMATIC contrast has emerged in cattle price trends between Australia and the rest of the beef exporting world, where the impact of coronavirus and the slowdown in demand from China has pushed many livestock prices sharply lower. While Australian slaughter cattle prices have surged to dramatic a...
The lowest observed prices were in January, which were about 7.6% below the peak prices that were recorded in April (Figure 2). Figure 1. Monthly price patterns for heifers and steers ($/45.4 kg) in New Mexico between 1960 and 2010. The graph shows the values of cattle prices’ mean ...
The graph implies that the total quantity is lowest in 2012, which is consistent with the year of the highest price. Jim Power (2020) states that the weak demand trends for beef are due to a combination of fierce export competition, decreasing world prices due to the completed rebuilding of...
(Aug) 9:00 S&P/Case-Shiller home prices (Jun) 10:00 Pending home sales (Jul) 10:00 U/M consumer sentiment (Aug f) 10:00 Consumer confidence (Aug) Monday Tuesday Wednesday Thursday Friday S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23...
While near-record high cattle prices in Australia this year have been fuelled by the overall livestock supply shortage caused by herd reductions after two years of drought, other influences are also at play. The big decline seen in US cattle prices in recent months (captured in the graph) has...
“Already expensive compared to our competitors (see graph above), a drier second half of 2021 will likely result in downward trend in Australian cattle prices into the second half of 2021 and into 2022,” he said. NAB Business Bank executive for Central Queensland,Darren Kuhl, said extre...
Nevertheless, South American suppliers have also benefited from currency shifts, with sharp drops in the Brazilian Real and the Argentinian Peso keeping cattle prices competitive and making low-cost beef accessible to global markets. The potential exists for the price spread between Australia and South...
By any standards, 2021 has proven to be an extraordinary year for seedstock producers across Australia, and the impact is clearly seen in Beef Central’s annual summary of average prices and numbers of bulls sold among larger beef breeds. ...
It sees a combination of pressure on feedlot-sector margins, the better season across much of eastern Australia, and COVID-19 impacting on hay prices through 2020-21. The trader has warned that not only will hay and straw be lower in price, but it will be harder to sell too, and growe...