Australian livestock Industry Price Collapse

[TelesnaAg]

The ozzie cattle and sheep markets have more than halved in 9 months, and every week trending lower, elnino has spooked many and numbers flood onto the market, restockers arent game to buy, feedlots a little nervous but we do have plenty of grain.

Cattle prices were at record highs 15 months ago, but the crash is so bad people are shooting sheep.

This has a much wider effect rather than just reduced income.

Every time there is an elnino forming now people will start to unload so i expect national herd to decrease and stay down,
i think weve seen our highest numbers like the dairy sector production, its on the decline.

So wider effects.
Land prices
Job and profit stability will make people leave and never come back
Young people leasing land with financed stock will be forced out, i know of some people already.
Finance requirements will now increase as banks will no doubt have alot of restructuring going on since rates have near trippled.
Alot of older people will now leave, theres alot of property going up for sale now.
It is just another dynamic but harsh ones like this tend to have lasting effects.
The dealerships run of record gear sales will now stop, always going to happen i suspect, lower employment numbers.
District spending will be alot lower so wider impact felt.

So moving forward is ag becoming the impossible industry, with regulation and costs and wild swings in income? Who wants to go into a business where you have to shoot stock etc.

Its a climate changers dream come true but our ag industry will shrink and that means less food for overseas, we will always have enough.

Food shortages i believe will become a thing and another climate change tool.

Hard times, i have cattle that i will most likely loose money on albeit not to large amd i can absorb because i work, if i was just starting out and full time farming id be gone.

Ant....

 

[cows sh#t me to tears]

Price will rise when it breaks. Restockers will return. There's plenty of hay heading north to feed cattle. My guess is people that bought in at highs can't afford to off load and so will feed through picking up cheaper stock as they go. All in the hope of a bounce once panick has left the market.
My current on farm decisions are riding on it anyway.

 

[cows sh#t me to tears]

On a separate note. Summer crop plantings are being paired back here due to the price of temporary water jumping (again...El Nino panick). Rice board put a lot of stipulations on seed ordered for this year. Rubbed a lot of growers up the wrong way. Some aren't bothering. Selling their water instead and will have a relaxing summer.
Going to be a lot of self induced pain for fert companies that fùçked up this seasons urea requirements. They'll be stuck with a lot of sip loads till next winter (if it rains then as well)

 

[Kiwi Pete]

Hard times create great men. I just hope there are enough left to breed from

 

[Lowland1]

Isn’t this farming. Hasn’t it always been farming. The sheep farm my daughter was on in NSW got rid of half their sheep this year because they were expecting drought. The cattle farm she’s on now stocked up on feed. In Kenya we expect problems with the rains that will come with El Niño. It’s farming it’s a tough life in the unsupported world.

 

[czechmate]

Isn’t this farming. Hasn’t it always been farming. The sheep farm my daughter was on in NSW got rid of half their sheep this year because they were expecting drought. The cattle farm she’s on now stocked up on feed. In Kenya we expect problems with the rains that will come with El Niño. It’s farming it’s a tough life in the unsupported world.

i know it’s trendy to knock ag subs, but they were brought in to create some level of stability

 

[Lowland1]

i know it’s trendy to knock ag subs, but they were brought in to create some level of stability

Yes and they work well in some countries.

 

[chipchap]

So our government here in the UK seems happy to rely on imported food. Agriculture here is without doubt in an accelerating decline.
Surely it is the responsibility of any government to ensure a good stable food supply, most easily achieved by a buoyant home industry.

In my opinion they are in danger of realising too late.

 

[devonbeef]

So our government here in the UK seems happy to rely on imported food. Agriculture here is without doubt in an accelerating decline.
Surely it is the responsibility of any government to ensure a good stable food supply, most easily achieved by a buoyant home industry.

In my opinion they are in danger of realising too late.

oh well , food supply nothing to do with us, not our problem

 

[spin cycle]

I saw this story about 10 days ago....it cited aussie farmers had restocked and even expanded on the back of decent prices....also falling demand in Asia

wait for the boatloads of aussie meat crashing our market

 

[devonbeef]

I saw this story about 10 days ago....it cited aussie farmers had restocked and even expanded on the back of decent prices....also falling demand in Asia

wait for the boatloads of aussie meat crashing our market

best get them all sold quick, or go on steady , trying to not over pay on bought in stock. I,m sure the calve sales this autumn will be flying as ever!

 

[beardface]

Everything is OK until its not OK. That's how most governments operate.

On a UK side of El Nino, I've got ample hay for winter and won't sell anymore now until Feb at least. Pretty much guarantee a cold winter this year I recon. We're coastal so don't get much snow, buy think there'll be a few days of feeding out to do. Like the coming summer drought in Aus, a cold snowy winter could be final straw for quite a few over here.

 

[Werzle]

The ozzie cattle and sheep markets have more than halved in 9 months, and every week trending lower, elnino has spooked many and numbers flood onto the market, restockers arent game to buy, feedlots a little nervous but we do have plenty of grain.

Cattle prices were at record highs 15 months ago, but the crash is so bad people are shooting sheep.

This has a much wider effect rather than just reduced income.

Every time there is an elnino forming now people will start to unload so i expect national herd to decrease and stay down,
i think weve seen our highest numbers like the dairy sector production, its on the decline.

So wider effects.
Land prices
Job and profit stability will make people leave and never come back
Young people leasing land with financed stock will be forced out, i know of some people already.
Finance requirements will now increase as banks will no doubt have alot of restructuring going on since rates have near trippled.
Alot of older people will now leave, theres alot of property going up for sale now.
It is just another dynamic but harsh ones like this tend to have lasting effects.
The dealerships run of record gear sales will now stop, always going to happen i suspect, lower employment numbers.
District spending will be alot lower so wider impact felt.

So moving forward is ag becoming the impossible industry, with regulation and costs and wild swings in income? Who wants to go into a business where you have to shoot stock etc.

Its a climate changers dream come true but our ag industry will shrink and that means less food for overseas, we will always have enough.

Food shortages i believe will become a thing and another climate change tool.

Hard times, i have cattle that i will most likely loose money on albeit not to large amd i can absorb because i work, if i was just starting out and full time farming id be gone.

Ant....

More fool them for carrying too much stock when history tells them a disaster comes along every couple of years. Even here in the uk i keep less stock than i did to reduce the ever increasing risk and expense of possible drought and longer wet winters. They ought to farm less for better prices if they had any sense.

 

[Full of bull(s)]

More fool them for carrying too much stock when history tells them a disaster comes along every couple of years. Even here in the uk i keep less stock than i did to reduce the ever increasing risk and expense of possible drought and longer wet winters. They ought to farm less for better prices if they had any sense.

I do sometimes think that all the external influences forcing less production is exactly what we need to kick us out of the produce as much as we can at any cost mindset. We must look bloody fools to most other industries, given money for nothing and blowing it doing something

 

[onthehoof]

Does El nino always happen when predicted, and are the affects always the same i.e drought??

 

[spin cycle]

Does El nino always happen when predicted, and are the affects always the same i.e drought??

I think it's a regular cycle so it's known that it will occur. ..what isn't us the strength/severity

 

[Henarar]

More fool them for carrying too much stock when history tells them a disaster comes along every couple of years. Even here in the uk i keep less stock than i did to reduce the ever increasing risk and expense of possible drought and longer wet winters. They ought to farm less for better prices if they had any sense.

This 100%

 

[Werzle]

I do sometimes think that all the external influences forcing less production is exactly what we need to kick us out of the produce as much as we can at any cost mindset. We must look bloody fools to most other industries, given money for nothing and blowing it doing something

Bonkers

 

[teslacoils]

They ought to farm less for better prices if they had any sense.

Should be motto of farmers everywhere.

 

[Top Tip.]

I think the Australians have also lost the live export to Indonesia which was a big market for them.