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Sales resumed following the Easter break with the largest offering for the season requiring Melbourne to sell over three days. 54,409 bales were offered with 51,066 sold, well above the weekly average of 41,000 bales sold for this season. Despite the increased offering, the Eastern Market...

For those of a superstitious bent, Friday the 13th is considered to be unlucky. In this week’s comment, we take a look at futures pricing & the USDA update to global wheat supply and demand, in order to determine whether we are lucky or not. The...

Persistent dry conditions, hitting NSW particularly hard, and a delay to the Autumn rains have forced higher than average seasonal yarding levels this week. Lamb and sheep prices are reacting to the higher saleyard numbers accordingly, with declines across all Eastern mainland state categories reported...

The market has been knocked around this week, by both fundamental factors driving pricing and the black swan event in the form of President Trump. Although volatile, the market can provide pricing opportunities for Australian producers. This week has seen a huge degree of uncertainty across...

There was no post Easter price spike this week, with processors seeming to have their supplies booked up well in advance. Saleyards were well supplied, and the good news, again, is that prices remain relatively strong despite plenty of lambs and sheep being on offer. ...

Trump. The president who sticks to his promises. Overnight the trade scuffle, turned into a trade war with China increasing the number of imports which would attract tariffs after increased rhetoric from the US president. Although not wholly unexpected, this trade war can have huge...

The agricultural trade is always full of interesting moments. As a staple food product, political decisions around the world can have a big impact. In this week’s market comment, we take a look at the conditions in the US, and rumours emanating out of India...

Anecdotal reports of the lack of rain boosting throughput levels along the East coast, particularly in NSW, are being supported by the yarding numbers this week with a spike in both sheep and lamb throughput noted. Despite the higher offering, prices have remained fairly stable...