Driven by favourable weather across eastern Australia, the 2024 cattle market has opened with a flourish, as slaughter cattle, young cattle and breeder replacements all trend sharply higher in value.

Today's return of Beef Central's Weekly Grill podcast series begins with host Kerry Lonergan talking with regular markets commentators RMA's Chris Howie and Ep3's Matt Dalgleish discussing the current market environment and what lies ahead. Is the best of the price rally now behind us? Will current prices be sustained? Will processors facing labour challenges be able to cope with greater slaughter cattle volume? These and other questions are explored in this week's episode.

The looming impact of the US drought on global beef supply and beef demand over the next two years out of the US is another key focus in today's update.

These and other topics are posed in today's cattle market update podcast by Weekly Grill host, Kerry Lonergan.

Today's first podcast for the year is out of sync, due to the Friday public holiday, but normal Friday podcast upload schedules will resume from Friday this week, when Kerry Lonergan talks with analyst Simon Quilty.