Cattle market steadies

Hereford cattle in pen at yards

This week is looking more positive with the EYCI still holding its ground, and some promising gains finally being made on processor cattle, with restockers continuing their crawl upward. Supply has stabilized, with yarding numbers on an even keel thanks to big lifts in NSW numbers to counterbalance Victorian reductions. East coast yardings, week on […]

Lamb getting back to business

Sheep flock in paddock

This weeks’ lamb and sheep market was a positive story amidst the disorder. While a number of processing plants in Victoria closed due to COVID-19 outbreaks or precautions, most now have plans in place to return to full production. Both lamb and sheep yardings were higher last week but it was sheep numbers that took […]

Russian Bear spoils the party

Wheat being held

Had you asked me earlier this week where I thought the market was heading, I might have said that it ‘felt’ like it wanted to rally. A succession of production cuts in major exporters as well as slow farmer selling in Russia seemed to keep the market buoyant. Enter the Russian Bear. The Russian Gov’t’s […]