COLUMN: WA prices firm, numbers rise
Prices remained firm in WA during May 6 and May 13, with buyers still getting enough stock at current bids.
Meat and Livestock Australia’s weekly processor throughput data showed strong rebound in volumes for the week after Anzac Day and Easter, putting volumes similar to the same time last year.
East coast sheep and lamb markets continued to climb, with reduced selling due to both rain and the normal contraction of supplies at this time of year.
Crossbred lambs are bid $8/kg spot on the border of New South Wales and Victoria (at Smiths TMP) and $7.80/kg in South Australia (at JBS), with private buyers in Victoria offering similar numbers. Mutton has also had increased interest with Thomas Foods at $6 in NSW and $5.80 in SA.
MLA’s over the hook indicators for South Australia and Victoria have jumped strongly to catch up to NSW, putting them all between 470–500¢.
Booking space is now available in most east coast markets for coming weeks, rather than several weeks out, due to low supplies.
WA cattle markets are seeing increased numbers from feedlots with Butterfield (at Borden) at $3/kg (up 10¢).
WA saleyards were firmer for steers this week too, with exporters looking to fill upcoming boats.
On the east coast, the cattle market continues to show strength.
NSW liveweight prices are $3.30/kg for Angus. In Queensland, there are export orders out for high quality Brahman steers at $2.65/kg.
Processors are bidding $5.80/kg for MSA and grain-fed finished cattle in NSW (at Wingham Beef Exports, Bindaree Beef and Teys). Queensland numbers are similar.
Last, the Federal Government released its live export numbers for April earlier this week.
Cattle exports were 88,000, down 10,000 on March, while sheep exports were up 13,000 to 140,000.
Of the sheep exports, 35,000 went to Qatar, 48,000 to Kuwait and 19,000 to the UAE (all from Fremantle).
In cattle, 19,000 went to Indonesia and China from Darwin and Portland, respectively.
Another other 13,000 went from Broome to Indonesia and 9000 went from Townsville to Vietnam.
Goat prices have continued to jump with Thomas Foods International increasing their SA bid by a further $0.80 to $9.20 in SA
In other April live exports:
24 Alpacas went to South Korea
16 goats went to Russia, 100 to Sri Lanka, 125 to Malaysia, 1,503 to China and 62 to Nepal, via air.
The LIVEstock Pricing app has been updated and now offers a historical updates feed and MLA saleyards updates, activated via the market updates setting option.
This means you can scroll back through past dates and see what has happened in the market
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