Southern Demand Challenging National Supply: a Market Update with Dave Clothier

Episode Highlights:

• Recent rainfall across the eastern seaboard has had minimal impact on reducing fodder demand.
• The EOFY is influencing decision making. Some growers are choosing to defer payments and buyers are deciding between filling on-farm storage now or in the new financial year.
• Demand is high and driven from the south, spreading into the north; all grades are selling well which bodes well for the new season.
• Beef prices are expected to remain strong for the next few years, supported by exceptional seasons and high livestock numbers in QLD, NT, and NSW. High calving and weaning rates are expected to continue boosting supply on the eastern seaboard.
• In WA, dry conditions are leading to increased livestock movement to eastern graziers and into abattoirs.
• While there is still a significant  ...