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Australian cattle indicators were mixed this week despite a national cattle yarding that rose 22% to 81,754 head. The Processor Cow Indicator held at 410¢/kg lwt, while the Feeder Steer Indicator dropped 0.6% to 550¢/kg lwt.
Lamb yarding rose 25% to 248,027 head as southern supply came forward.
Routine weekly price commentary with no new supply shock; falling cattle slaughter is a minor signal for Australian beef and livestock feed demand.
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.