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Address: The Village Exchange | 5 Havelock Road
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October 2017

We’ve ticked over the billion-dollar milestone for total value of wool sold this year which is something of an achievement. At this point in the season last year the value was 26% lower than it is today despite the cumulative bales sold being just 10%...

The futures markets are largely quiet, as the northern hemisphere is largely complete for 2017 and seeding progresses for next year. At a local level, it is important to start considering local premiums and how to take advantage of them. This time of year is always...

Spring in general, and October, in particular, are known for falling lamb prices.  We usually see supply increasing as winter and spring lambs hit the market, pushing all sheep and lamb markets lower.  The price rally this week is particularly unusual. This week the Eastern States...

Wool was the hot topic of industry conversation again this week but it wasn’t enough to distract the market from deciding on what fibres it wants to support. Results were particularly mixed with fine fibres attracting premiums whilst the rest of the categories felt losses....

Futures markets edged lower this week, but were balanced by a fall in the Aussie dollar. In this week’s comment, we look at rumours of increased import duties in India, and local premiums over Chicago futures. The futures market lost strength over the past week, with...

Lamb prices have defied the odds to remain relatively steady for the fifth week straight.  It’s highly unusual for prices to trade in such a narrow range for so long, and there is no doubt they will break out at some stage.  Mutton prices haven’t...

The Australian Bureau of Agricultural and Resource Economics (ABARES) have put out their quarterly Agricultural Commodities Report, and amongst the numbers there were some interesting sheep and lamb forecasts.  This week we take a look at whether lamb prices can achieve another year on year...

The “steady as she goes” reports on the wool market activity over recent weeks were thrown out the door at this week’s 2 day wool sale, with the market lifting significantly led by the Merino and including Cardings sections. The Eastern Market Indicator for the...

Fairly erratic moves to the state mutton prices this week but they all evened each other out to see the National Mutton Indicator just 3¢ softer to 370¢/kg cwt. Marginal prices changes the order of the week it seems with the Eastern States Trade Lamb...