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Beyond the Saleyards — Goat prices still charging ahead

Rob KellyCountryman

WA sheep and lamb markets eased last week, with most processors dropping bids by 10¢ to 790¢ for lambs.

Feedlot prices remained stable at 360¢ on farm, with Kojonup’s Glenpadden Feedlot (weight uncapped).

Mutton remains bid at 620¢, but bookings are hard to get as lamb supplies are strong.

On the east coast, new-season lamb prices are bid from 840¢ and up.

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In NSW, Thomas Foods are bidding strongly for delivery over the next few months, while prices ease heading back into SA.

The wool market closed the week relatively unchanged at 1339¢, down 2¢.

Goat markets continue to show incredible strength, with east coast over-the-hook prices having increased another 10¢ to 1030¢. In WA, BRM remain close to this at 980¢ and on the east coast.

Direct to end user cattle markets were slightly weaker last week, but overall the market remains incredibly strong from a price perspective.

Saleyard prices continue to break records while processor margins remain heavily in the red.

Processor and feedlot market bids at the start of the week (¢/kg or $/head):

  • East coast processor prices: MSA: steers 800¢, heifers 795¢, cows 730¢. Jap Ox: steers 700¢, heifers 695¢. Cows 700¢. Bulls 520¢.
  • Queensland feedlots: Black Angus: 600¢, Black Angus British X: 590¢, Wagyu X Angus: POA.
  • Queensland export orders: Feeder steers 380¢, slaughter steers 360¢. Feeder bulls 360¢, heifers 375¢, cows 290¢.
  • NSW feedlots (steers): British, Euro X, Flat Back: 465¢, XB 445¢.
  • China export orders: Heifers (unjoined): Friesians $2100 Holstein (200+ kgs, no blood tests) $1000-$1200. Red Angus $1300. Jersey unjoined heifers (200kg) $1300.

Full price grids and details for all these orders are available in the LIVEstock Pricing app and online.

Rob Kelly is the founder and managing director of LIVEstock Pricing, a free service with the latest sheep, cattle and goat price grids in one easy-to-use app.

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