A Scorching Return to 2022 Prices as Rainfall & Grass Fever Drive Market Terms

StoneX22 hours ago26:12

This week, Ripley Atkinson, Australian Meats & Livestock Manager, unpacks all the key drivers behind recent cattle market performance, with prices either at or approaching levels last seen in 2022. Ripley discusses the rain event across Queensland to Northern New South Wales, including how it has influenced producer behaviour and influenced market pricing in recent weeks. He also explores the current supply picture and how tightening availability has shifted the demand landscape from buyers’ perspective as producers retain stock and add weight. From restocker activity to shifting supply-demand dynamics, this episode unpacks a detailed look at what’s driving the Australian cattle market today and what lies ahead for the industry.