Stanley Vale Merino Stud - News & Views

Weekly sheep and cattle market wrap

Indicators

The Western Young Cattle Indicator (WYCI) has reached a record high this week at 1,202.34c/kg cwt. This is up 227.56c year-on-year, with the surge being driven by restocker demand in the market.  Restockers took out 56.57% of sales followed by 43.28% from feeder buyers. 

Over in the east, the Eastern Young Cattle Indicator (EYCI) has softened 8.74c/kg cwt week-on-week at 1,086.81c/kg cwt. The number of head sold to lot feeders has risen by 10% week-on-week, taking out 52.38% of the sales.

Feeder cattle

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New South Wales top MSA producers announced

New South Wales beef producers who consistently deliver beef of superior eating quality were recognised last night at the 2022 Meat Standards Australia (MSA) Excellence in Eating Quality Awards in Armidale.

Hosted by Meat & Livestock Australia (MLA), the Awards recognise beef producers who have achieved outstanding compliance rates to MSA specifications, as well as high eating quality performance as represented by MSA Index results for MSA graded cattle during the 2019-20 and 2020-21 financial years.

MSA was developed by the Australian red meat industry to improve the consistency of eating quality of beef and sheepmeat. The system is based on almost 1.2 million taste tests by more than 171,000 consumers from 11 countries and takes into account all factors that affect eating quality from the paddock to plate.

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Slaughter lifts as relief comes for the processing sector

Despite reports to the contrary, there have been some strong processor numbers to start 2022. While lamb and cattle slaughter numbers are below 2020 and 2021 levels so far this year, circumstances are improving.

Changes to the national definition of a close contact and isolation rules for abattoir workers have seen the weekly kill numbers improve this week. Cattle slaughter improved 50% this week to 62,000 head while lamb slaughter rose by 100,000 head this week to 319,000 head. These numbers are encouraging, although cattle slaughter is down 28% and lamb slaughter down 29% from the same week last year.

Looking at specific states and species provides a slightly more nuanced picture of the situation.

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How you can share red meat’s story

Elle Moyle – veterinarian and producer

I grew up on sheep and cattle properties throughout southern Australia. I currently live in south-west Victoria, where I work as a large animal vet. I’ve also purchased my own property where I run composite ewes and Angus cattle.

Why do you think it’s important to share your story?

Sharing our stories is an important way to connect with others, find common ground and showcase our great industry. As a young producer, I love to discuss and share all the positives of working in this industry and the opportunities it presents. I feel that sharing our lifestyle, projects and goals can help others understand farming practices and inspire those in the industry to further their involvement.

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