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September 2017

The lamb market is throwing up some interesting data at the moment.  Meat and Livestock Australia’s (MLA) weekly slaughter data is telling us lamb slaughter is at a record for this time of year, yet prices remain historically strong. Figure 1 shows that slaughter for the...

In commodities, and particularly in agricultural commodities, a stable market is generally a good sign, especially if the market is at the top of its recent trading range. The wool market can best be described as “steady” this week, however, as usual there were some...

The wool market has been rather playful of late, appearing to have a spring in its step with a few giddying price highs and corrections. This week’s market was no exception with large movements in red across the board. The Eastern Market Indicator dropped down...

Lamb yardings had a massive jump this week, while the majority was in NSW, Victorian producers also sent plenty of numbers in.  Prices held on this week, but can it continue?  It was a rather extraordinary week for lamb supply at saleyards.  In NSW lamb...

During this period in the wool market, it seems to be performing as a more predictable beast than usual. Market rallies strongly - growers sell - buyers lose orders because market is “too hot” - market retraces - growers pass-in higher levels - market recovers...