If we have a look at this by the cow class, we all know robust export demand is constant. The US is about to hit a brand new report for whole beef imports at 1.7 million tonnes, practically 12% greater than in 2024. Australia’s beef exports to the US are set to be about 20% greater year-on-year, in response to the Steiner Consulting Group. This demand has additionally led to a report excessive value for beef being imported into the US and corresponds with Australia’s robust home provide and constructive seasonal circumstances within the north.
This export demand is contributing to the processor cow value having closed final week at 706¢/kg, the second-highest week-end determine on report. For the year-to-date, the indicator is averaging 578¢/kg, which is a report, even surpassing the 2021 determine for a similar interval. The present value is 32% above the five-year common for a similar week and 44% above the 10-year common. It comes as Australia’s cattle numbers are forecast to be at their equal-highest stage for the previous 5 years. Meat and Livestock Australia has the 12-month common for the Feminine Slaughter Fee at 53%, effectively above the normal destocking fee determine of 47%.
Restocker cow costs aren’t as readily recorded, making long-term prices and comparisons troublesome, however we will try to match present assumed restocker purchases to the processor value, giving us scope for the place producers should be to compete. At present, if we use the nationwide indicator value of 392¢/kg liveweight, a 500kg cow is returning $1960 when offered to a processor.
Wagga Wagga, NSW, had the most important throughput of processor cow-eligible inventory final week, and the Nationwide Livestock Reporting Service reported cow costs as lifting 32¢/kg throughout the sale, with “restockers in search of younger cows contributing to a considerable market push, elevating costs by 63¢/kg”. It had 400–520kg cows to restockers promoting from $1681 to $1967, relying on situation rating. Roma, Qld, additionally had a 25–30¢/kg cow value enhance, averaging $1462 for a similar class. PTIC Angus females inside a 1000km radius of Sydney have offered for a median value of $2250 over the previous 90 days, whereas for the 1000km round Roma the return was $2100.
