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Southern Australia cattle prices stable despite dry conditions and strong exports.
January southern weaner cattle prices in eastern Australia are expected to remain stable, driven by mixed weather, dry conditions in NSW’s Riverina limiting supply, and improved conditions in Victoria and SA boosting confidence.
Northern buyers, well-stocked, are likely less active, reducing demand pressure, though potential Christmas rainfall in Queensland could spark a buying surge.
Feedlots remain at record capacity with 1.75 million head, but high cattle prices and tight margins are leading to longer feeding periods and higher carcase weights.
Beef exports hit 1.398 million tonnes year-to-date—15% above last year—with grain-fed exports setting a record at 403,860 tonnes, up 19%.
Market sentiment remains cautious, with prices likely to hold steady unless weather shifts significantly.
Los precios del ganado bovino en el sur de Australia se mantienen estables a pesar de las condiciones secas y de las fuertes exportaciones.