Meat & Livestock Weekly Cattle Indicators Thursday, March 03, 2016
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1 Cattle Indicators Interested in automatic data downloads - HAVE YOUR SAY Please click here to take a 2 minute survey for MLA to potentially invest in automating our data outputs Eastern Young Cattle Indicator National saleyard indicators Live weight Muscle/Fat Unit TW LW LY Trade steer kg C3 /kg lwt Feeder cattle indicators - paddock sales Domestic for week of 25/02/2016 TW LW LY Steers kg /kg lwt Heifers kg /kg lwt Export /kg cwt Medium steer kg C3 /kg lwt /kg cwt Heavy steer kg C4 /kg lwt /kg cwt Medium cow kg D3 /kg lwt /kg cwt Feeder steer kg C2 /kg lwt Shortfed DOF /kg lwt Mediumfed DOF /kg lwt Longfed 220+ DOF /kg lwt State over-the-hooks indicators Queensland NSW Victoria SA Tasmania Category Carcase weight Muscle Unit TW LW LY TW LW LY TW LW LY TW LW LY TW LW LY Trade steer kg A-C /kg cwt nq nq nq nq nq nq Medium steer kg A-C /kg cwt nq nq nq Heavy steer kg A-C /kg cwt nq nq nq Medium cow kg A-E /kg cwt nq EU steer kg A-C /kg cwt nq nq nq nq nq nq nq nq nq nq MSA Trade steer kg A-C /kg cwt nq nq nq nq WA saleyard indicators Unit TW LW LY Pastoral cow /kg lwt Heavy cow /kg lwt Heavy yearling /kg lwt Feeder yearling /kg lwt WYCI /kg cwt WA over-the-hooks indicators Unit TW LW LY Grassfed yearling /kg cwt Grainfed yearling /kg cwt MSA yearling /kg cwt Medium cow /kg cwt nq nq 218 Live Export Price Quotes for week of 25/02/2016 Unit TW LW LY Light Steer kg Townsville /kg lwt nq nq kg Darwin /kg lwt nq nq nq kg Broome /kg lwt nq nq nq Light Heifer kg Townsville /kg lwt nq nq 190 Unit Unit Unit 3 Mar Feb Mar 2015 EYCI /kg cwt Eastern states OTH indicators Carcase weight Muscle Unit TW LW LY Trade steer kg A-C /kg cwt Medium steer kg A-C /kg cwt Heavy steer kg A-C /kg cwt Medium cow kg A-E /kg cwt MSA Trade steer kg A-C /kg cwt State saleyard indicators Queensland NSW Victoria SA Tasmania Category Live weight Muscle/Fat Unit TW LW LY TW LW LY TW LW LY TW LW LY TW LW LY Trade steer kg C3 /kg lwt nq /kg cwt nq Medium steer kg C3 /kg lwt nq nq nq /kg cwt nq nq nq Heavy steer kg C4 /kg lwt nq nq nq nq nq nq /kg cwt nq nq nq nq nq nq Medium cow kg D3 /kg lwt /kg cwt Feeder steer kg C2 /kg lwt nq nq nq kg Darwin /kg lwt nq nq nq kg Broome /kg lwt nq nq nq
2 Cattle Indicators
3 Sheep and Lamb Indicators Eastern States Trade Lamb Indicator ( /kg cwt) 3 Mar Feb 2016 ESTLI Mar 2015 National saleyard sheep and lamb indicators ( /kg cwt) TW LW LY Restocker/feeder lamb ($/head) 0-18kg Merino lamb 16-22kg Light lamb 12-18kg Trade lamb 18-22kg Heavy lamb 22+kg Mutton 18-24kg National OTH sheep and lamb indicators ( /kg cwt) TW LW LY Medium trade lamb 18-20kg Heavy trade lamb 20-22kg Heavy lamb 22-24kg Mutton 18-24kg State saleyard sheep and lamb indicators ( /kg cwt) Victoria NSW SA WA Tasmania TW LW LY TW LW LY TW LW LY TW LW LY TW LW LY Restocker lamb ($/head) 0-18kg Merino lamb 16-22kg nq nq nq nq Light lamb 12-18kg Trade lamb 18-22kg Heavy lamb 22+kg Mutton 18-24kg Over-the-hooks sheep and lamb indicators ( /kg cwt) Victoria NSW SA WA Tasmania TW LW LY TW LW LY TW LW LY TW LW LY TW LW LY Medium trade lamb 18-20kg Heavy trade lamb 20-22kg Heavy lamb 22-24kg Mutton 18-24kg nq Live export price quotes (A$/head) TW LW LY Live wether Muchea nq
4 Sheep and Lamb Indicators
5 Slaughter and yardings Cattle movements Cattle slaughter for w/e 26/02/2016 TW LW LY Queensland Cattle 63,468 59,036 75,275 Calves NSW Cattle 33,135 32,119 41,814 Calves 2,302 1,484 3,323 Victoria Cattle 28,515 28,809 32,159 Calves 2,035 1,826 2,738 SA Cattle 8,630 8,163 10,240 Calves Tasmania Cattle 4,793 4,779 4,974 Calves Cattle saleyard throughput for w/e 3/03/2016 TW LW LY Queensland Cattle 17,138 15,296 16,880 NSW Cattle 25,632 25,929 22,982 Victoria Cattle 14,486 13,894 16,131 SA Cattle 3,415 3,652 4,878 WA Cattle 3,089 2,684 2,812 Tasmania Cattle Sheep and lamb movements Sheep and lamb slaughter for w/e 26/02/2016 TW LW LY Victoria Lambs 170, , ,730 Sheep 46,874 47,136 58,219 NSW Lambs 97,708 96,935 95,571 Sheep 40,450 41,768 44,824 SA Lambs 77,652 82,704 83,352 Sheep 25,751 24,725 29,543 Queensland Lambs 7,047 7,014 6,393 Sheep 9,030 8,130 9,376 Tasmania Lambs 14,100 15,253 13,303 Sheep 6,613 5,774 6,839 Sheep and lamb saleyard throughput for w/e 3/03/2016 TW LW LY Victoria Lambs 50,534 48,081 71,007 Sheep 23,168 23,024 26,702 NSW Lambs 109, ,308 97,430 Sheep 42,538 37,680 43,630 SA Lambs 13,629 10,593 16,727 Sheep 2,748 3,843 4,178 WA Lambs 13,516 12,288 10,408 Sheep 14,255 15,357 6,426 Tasmania Lambs 1,200 1,100 1,500 Sheep 1,650 1,250 1,150 Goat movements Goat slaughter for w/e 26/02/2016 TW LW LY Queensland Goats 2,628 16,876 20,950 NSW Goats 4,502 4,470 1,874 Victoria Goats 14,016 16,539 11,005 SA Goats 7,204 8,961 6,966 Tasmania Goats nq nq nq
6 General Statistics Over-the-hooks goat indicators (A /kg cwt) TW LF LY kg kg kg kg kg Skin indicators - Lambs TW LW LY 2" kg kg kg " - 2" kg kg kg " - 1" kg kg kg New Season kg kg kg Skin indicators - Merino sheep (average 25 micron) 1.5" - 2" kg kg kg Eastern Market Wool Indicator (A /kg) TW LW LY AWEX E.M.I Source: Australian Wool Exchange Ltd Fodder prices Cereal Lucerne Straw Pasture (A$/tonne) TW LW LY TW LW LY TW LW LY TW LW LY Darling Downs nq nq nq nq Central West NSW nq nq nq nq nq nq Goulburn Valley nq nq nq nq South East SA nq nq nq nq South West WA nq nq nq nq Source: Dairy Australia Tallow (A$/tonne, delivered in store) TW LW LY Prime - Melbourne nq nq nq Prime - Brisbane nq nq nq Bleachable fancy nq nq nq Source: Trade Grain prices - Darling Downs (A$/tonne) TW LW LY Barley Sorghum Wheat Grain prices - Riverina (A$/tonne) Wheat Barley Source: Profarmer Australia PLEASE NOTE US imported beef prices are now reported only in CIF terms. They are no longer converted to FAS terms. Prices from LW in A /kg are revised to account for exchange rates from Friday-Sunday US imported beef prices (CIF) TW LW LY Bull 95CL US /lb A /kg Cow 90CL US /lb A /kg CC/CF 85CL US /lb A /kg Shank 90CL US /lb A /kg Trim 85CL US /lb A /kg Trim 80CL US /lb A /kg Trim 75CL US /lb A /kg Trim 65CL US /lb A /kg Outside flats US /lb A /kg Knuckles US /lb A /kg Inside cap off US /lb A /kg Source: Steiner Consulting Group
7 International Indicators Exchange rates AUD buys: February January February US dollar (USD) Japanese yen (JPY) Korean won (KRW) UK pound (GBP) Euro (EUR) NZ dollar (NZD) Indonesia rupiah (IDR) China yuan renminbi (CNY) Brazil real (BRL) Source: XE.com UNITED STATES US imported beef prices (CIF) February January February Bull 95CL US /lb A /kg Cow 90CL US /lb A /kg CC/CF 85CL US /lb A /kg Shank 90CL US /lb A /kg Trim 85CL US /lb A /kg Trim 80CL US /lb A /kg Trim 75CL US /lb A /kg Trim 65CL US /lb A /kg Outside flats US /lb A /kg Knuckles US /lb A /kg Inside cap off US /lb A /kg Source: Steiner Consulting Group US cattle indicators US /lb lwt February January February CME feeder cattle market fed steer Cutter 90% lean Boner 85% lean Breaker 75% lean Source: Steiner Consulting Group
8 International Indicators US domestic wholesale beef prices US /lb February January February 90CL CL CL CL pc b/less chuck insides outsides knuckles Choice beef cutout Source: Urner Barry's Beef Report (The "Yellow Sheet") US cattle futures THIS LAST LAST US /lb lwt WEEK WEEK FORTNIGHT Live cattle Feb Apr Jun Aug Oct Dec Feeder cattle Jan Mar Apr May Aug Sep Oct Nov Source: CME US livestock slaughter ('000 head) February January February Cattle (weekly average) Cattle (total year-to-date) Cows (weekly average) Cows (total year-to-date) Sheep and lambs (weekly average) Sheep and lambs (total year-to-date) Source: USDA Last available US slaughter data are for 13 February 2016 US wholesale lamb prices US /lb February January February HRI leg HRI rack Source: Urner Barry HRI Buyers' Guide US lamb carcases 55-65lb cwt Source: USDA
9 International Indicators JAPAN Beef export price indicators to Japan US /lb C&F, A /kg C&F February January February Chilled grassfed fullset US /lb A /kg Frozen CF 85CL US /lb A /kg brisket US /lb A /kg CL US /lb A /kg Source: Trade Imported beef prices in Kanto wholesale market /kg spot, US /lb spot February January February From Australia chilled grassfed fullset /kg US /lb grassfed navel end brisket /kg US /lb grassfed chuck roll /kg US /lb shortfed navel end brisket /kg US /lb shortfed chuck roll /kg US /lb From Australia frozen brisket /kg US /lb cow meat (85CL) /kg US /lb From US chilled chuck rib /kg US /lb short rib /kg US /lb steak ready /kg US /lb From US frozen chuck roll /kg nq nq nq US /lb nq nq nq short plate /kg US /lb Source: Chikusan Nippo
10 International Indicators Imported offal prices from Kansai offal market /kg spot, US /lb spot February January February From Australia frozen tongue (Swiss cut) /kg US /lb thick skirt /kg US /lb thin skirt /kg US /lb mountain chain tripe /kg US /lb From NZ frozen tongue (Swiss cut) /kg US /lb From Mexico frozen tongue (Swiss cut) /kg US /lb Source: Shokuniku Sokuhu KOREA Korean wholesale prices KRW/kg February January February Korean domestic wholesale Hanwoo carcase beef cattle carcase pig carcase Australian wholesale brisket deckle off rump chuck roll short rib US wholesale grainfed chuck roll grainfed short rib brisket deckle off Source: Korean trade, HKJM NEW ZEALAND NZ livestock prices A /kg February January February Cattle Bulls Cows Steers Lambs NZ chilled export leg to EU (FAS) NZ lamb 17.5kg cwt Source: NZX Agrifax
11 International Indicators URUGUAY Uruguay cattle slaughter ('000 head) February January February Weekly average Total year-to-date Source: World Beef Report BRAZIL Brazil livestock and meat prices February January February Steer (Sao Paolo state) BRL/kg Steer (Sao Paolo state) USD/kg Calf (Mato Grosso state) BRL/kg Calf (Mato Grosso state) USD/kg Wholesale - Forequarter USD/kg Wholesale - Hindquarter USD/kg Source: Esalq/Cepea and World Beef Report CHINA China wholesale meat price indicators RMB/kg February January February beef chicken carcass pork sheepmeat Source: China Ministry of Agriculture INDONESIA Jakarta wet market and wholesale beef prices rupiah/kg February January February Australian beef sirloin - Frozen wholesale 105,000 95,000 nq Australian beef tenderloin - Frozen wholesale 225, ,000 nq Australian beef trimmings - Frozen wholesale nq nq nq Australian beef trimmings 65CL - Frozen wholesale 41,000 35,000 nq Australian beef trimmings 85CL - Frozen wholesale 57,000 60,000 nq Australian beef trimmings 90CL - Frozen wholesale nq nq nq Local beef knuckle - Fresh 118, , ,833 Local beef sirloin/tenderloin - Fresh 118, , ,500 Local beef tail - Fresh 75,000 76,250 nq Local beef tongue - Fresh 83,333 81,250 nq Source: MLA in-market surveys NB - Collection method for Indonesia prices has been altered from October Local beef prices are indicative average collected from wet markets. Australian frozen beef prices are indicative average collected from wholesalers.
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