Agricultural debt is rising in Australia according to new figures, up 6 per cent year-on-year to $120.5 billion as farmers look to increase their landholdings.
Adam Poulsen
The medium-weight (30kg-40kg) store market has been under pressure in WA. East coast prices have eased back to around $3.20/kg, dropping their WA price to around $2.40/kg.
Rob Kelly
The sheep and lamb market has been relatively flat in WA for the past week, with local store buyers increasing their minimum weight requirements.
There’s been ongoing pressure from buyers locally due to the increasing of store and trade lambs supplies versus capacity in the system.
Olivia Ford
The processor and store lamb market has been under pressure in WA over the past week.
WA’s crossbred store lamb markets found support from SA buyers late last week with bids of $2.70-$2.80/kg LW.
WA farmland has hit the second-highest half-yearly value in the last 29 years, jumping by 24.7 per cent from 12 months ago.
Store lamb prices continue to find pressure across the country this week with the spring flush ramping up.
The WA lamb markets remain flat with store markets around $2.80 to $3/kg for new season store lambs.
The WA processor market has been relatively flat, but space is now readily available for mutton and old-season lambs as supplies remain tight.
The WA market is still relatively flat despite sheep and lamb prices remaining supported.
The sheep and lamb market hasn’t seen a significant shift in bids over the past week, but the asking price is climbing.
WA sheep prices increased again last week with the continued tightening of supplies.
Sheep and lamb markets continue to tighten, with all WA processors lifting their quoted prices over the past fortnight to attract more stock.
The sheep market has been active but relatively stable in WA. Lighter store lambs, particularly Merino’s that haven’t had the tops taken off are in good demand.
WA sheep and lamb markets have lifted this week as both east and west coast processors are starting to see gaps in their kill space open up.
WA lamb markets have seen little movement from our local processors but feedlots have shown increasing interest in lighter Merinos as they eye opportunities in east coast forward markets.
WA lamb markets have been stable for the past week with mutton finding more support.
The average Australian dairy farm business will post a fifth consecutive season of profitability in 2024-25 — if they budget and plan diligently — according to Rabobank’s latest seasonal outlook
Rebecca Turner
WA lamb markets have been relatively stable for the past week but there has been increased interest in mutton.
The beef industry has broadly welcomed the removal of an export ban imposed by China on five meat processing facilities, reopening the door to a trade route that’s been closed for four years.
Simone Grogan
Quoted prices in WA are relatively unchanged for the past week and the main item that is hard to move remains 30-40kg Merino whether lambs.
With a lack of rainfall and the exodus of sheep to the east cost, the WA market now appears to be getting more in balance.
Meat and Livestock Australia has launched a new cattle market indicator it says will offer the most accurate national analysis tool of the restocker market.
