Blog Post

Wagga sale 19 Feb 2024: Market stalls with reduced bids

Yarding 5700 Change -1650 In a smaller yarding of 5700 at Wagga, the market stalled as buyers offered considerably reduced price levels compared to previous sales. While there were bursts of bidding across yearling steer categories, the pre-requisite was that the steers had to be very well-bred. Although all the typical buying groups were present, […]

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Rising cattle prices boost rural commodity index

Rising cattle prices, now around 60 percent higher than their October lows, have underpinned a strong rise in NAB’s Rural Commodities Index. NAB reported today that its index increased 2.2 percent month-on-month in January, and is now back up around levels last seen in May 2023 In addition to Australian cattle, prices for lamb and […]

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