Canola lower but still priced well

Overhead image of canola field in bloom

Grain markets have been on a steady decline since posting peaks two months ago. Canola is no exception, with new crop prices sliding. Canola has slipped under the $600/t mark, but that doesn’t mean that it isn’t still good selling. Traditionally the wheat hedging window is well and truly shut by now, with Northern Hemisphere […]

Apparel fibre prices – all in the same boat

Cotton Branch

As discussed in recent articles, greasy wool prices are struggling with severely constrained demand and farmer-owned stocks are increasing as a consequence. This article takes a look at how other apparel fibre prices are travelling in this pandemic world. Apparel prices generally peaked in 2018, with the effect of COVID-19 arriving after an 18 month […]

Cattle supply recovery a way off

Darwin cattle on ship bound for Indonesia

Slaughter cattle supply is tight, but it looks like it might get tighter. A few weeks back we outlined Meat & Livestock Australia’s (MLA) Industry Projections for cattle supply this year, here we combine forecasts with actuals, and in terms of supply, we haven’t seen the tightest yet. MLA is forecasting National cattle slaughter to […]