Understanding the Dynamics of Australia's Cattle Market in 2024
13th March 2024
As we move into March 2024, Rabobank's latest insights offer a comprehensive overview of the current state and future expectations of the cattle market. Here, we delve into these findings, shedding light on the implications for producers, market trends, and the broader agricultural landscape.
A Ste ... read more
Northern Rivers Livestock Exchange Reopens
7th February 2024
The Northern Rivers Livestock Exchange (NRLX) in Casino, a prominent cattle trading hub in New South Wales, has reopened its gates after a seven-month hiatus, marking a significant event for the agricultural community. The reopening brings together agents, buyers, and a heap of cattle, followi ... read more
EYCI's Strong Start in 2024: A Boon for Australian Stock Agents
18th January 2024
The year 2024 has begun on a high note for the Australian cattle industry, with the Eastern States Young Cattle Indicator (EYCI) opening at 541.73c/kg, marking an 85c/kg increase from the previous year's close. This surge in EYCI reflects a robust demand in the market, especially evident in the init ... read more
Understanding the Impact of MLA's New Online Young Cattle Indicator
8th December 2023
Meat & Livestock Australia (MLA) has introduced a pivotal tool in the cattle industry – the Online Young Cattle Indicator (OYCI). This innovation marks a significant advancement in tracking and reporting cattle prices online, mirroring the established Eastern Young Cattle Indicator (EYCI). ... read more
Australian Cattle Industry: A Decade-High Herd Size and its Market Implications
26th November 2023
The Australian cattle industry is witnessing a significant shift in 2023. As per the latest Cattle Industry Projections from Meat & Livestock Australia (MLA), the national cattle herd has reached a decade-high figure of 28.7 million head. This resurgence indicates a robust phase for the industry ... read more
Tech Advancements in Agriculture: Streamlining the Farm-to-Market Journey
22nd November 2023
In recent years, the agricultural sector has witnessed a significant transformation, largely driven by technological advancements. The journey from farm to market is an intricate process that demands efficiency, transparency, and speed. Today's technology is playing a pivotal role in enhancing these ... read more
Collaborative Futures: Enhancing Farmer-Agent Relationships with Technology
12th November 2023
The relationship between farmers and stock agents is undergoing a significant transformation. Gone are the days when farmers would passively accept the best price secured by their stock agent. In today's increasingly competitive and dynamic market, farmers expect more - more communication, more tran ... read more