Prices & Markets: Rainfall outlook | EYCI falls below 500 | rise of South American beef

Friday Feedback
 
 
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Three month rainfall outlook
 
Hot and dry weather persists for much of Australia, with NSW recording its driest first quarter for over 30 years. In this latest video from the Bureau of Meteorology, find out what rainfall is in store.
 
Watch here




EYCI’s downward trajectory
 
The lack of decent follow-up rain in QLD, and little rain across many south east supply regions, has led to the Eastern Young Cattle Indicator falling below 500c/kg for the first time since 2015.
 
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In depth: South American beef
 
South American countries continue to increase trade to Australia's key export markets. Here we take an in depth look at Brazil, Uruguay and Argentina’s position in the global beef market.
 
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Market watch: US production
 
A recovery in the US cattle herd comes as no surprise – given its cyclical nature – however, production levels have lifted more sharply than previously forecast.
 
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Meet MSA’s newest team member
 
Laura Wishart (pictured) is MSA’s new Producer Engagement Officer, and with a keen interest in science and on-farm factors influencing eating quality, she’s already hit the ground running.
 
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