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Rain reached parts of Australia, while cattle yardings rose 21% to 63,915 head and sheep and lamb yardings declined. Cattle indicators continued to rise, with the restocker yearling steer indicator up 6% on the week and heavy steers reaching another record, while most sheep and lamb indicators weakened.
Restricted processor cattle supply is supporting cattle prices, while higher yardings may moderate gains in some lines. Lower sheep and lamb indicators reflect weaker near-term market conditions for those categories.
mla.com.auNov 6, 2026Not enough comparable past events yet for a historical read.
Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
