Data shows the premium for Wagyu F1 steers over the EYCI dropped during the 2018 season.

Steers at the Mount Gambier combined agents' store sale last Friday were generally cheaper than the barnstorming July sale, which most agents put down to the lesser quality offering.

Lambs were in demand at the Mount Pleasant market on Thursday, topping at $250, a large jump on the market's top lamb price of $202 and $216 at the previous two sales.

Marketing by the major supermarkets walks a fine line between claiming to deliver cheap products to customers while also giving suppliers a fair deal.

Prices found exciting new levels at the Naracoorte combined agents' monthly store cattle sale on Thursday last week, in line with the spike in prime markets during July.

Australian beef exports to China in the first half of this year were nearly 91 per cent above the five-year average.

Crop yield estimates for the US spring wheat crop are above those of last year, but still below the five-year average.

The Stock Take: Mecardo's Matt Dalgleish writes about the female cull rate.

Prices jumped compared to the previous month at Warrnambool as increased numbers came forward.

Early wheat production in Argentina are forecasts at a record 21.2 million tonnes.