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March 2018

There is an old Chinese curse, “May you live in interesting times”, used ironically to suggest that uninteresting times are more life enhancing than interesting ones. It seems our friend Donald, would like to consign us to a lifetime of interesting times. After experiencing strong momentum...

One week down, the next week up. This has been a familiar pattern in recent times although this week the lift in the market was all due to currency movements. It was a tale of two markets, the opening day was where all the gains were...

Sheep and lamb prices continued a muted upward trend this week, with increases in values across all trade lamb indicators. Mutton values were also higher everywhere except WA, and restockers came back to the market for light lambs. Figure 1 shows that the Eastern States Trade...

Alpaca numbers in Australia are estimated to be between 170,000 and 450,000, with the higher estimate considerable in view that the sheep flock only numbers around 70 million. Wool ranging from 24 through to 26.8 micron is blended with alpaca. The combination of alpaca numbers...

The broad trend in East coast lamb and sheep slaughter numbers continue to be dominated by NSW and Victorian flows at the moment with a spike in lamb slaughter in the previous week, to levels well above normal, unable to dampen prices too vigorously. Similarly,...

It has been two months since we’ve had a look at short term slaughter forecasts.  Recent heavy lamb and sheep slaughter rates brings us back to look at the theory that killing more stock now means fewer for later.  But how many fewer, and what...

It’s been an interesting end to February, providing reasonably strong increases in futures prices. Overnight the WASDE report for March was released, has it provided any fire? The USDA have yet to switch over to forecast the coming crop, therefore at this point in the year the...

After a week of new record levels last week, the wool market this week delivered a timely warning; despite all the optimism and a good dose of hype, markets have their own set of drivers and will at times surprise. It is probably unfair to say...