Slaughter holding, VIC & WA liquidating herd
Official cattle slaughter numbers are unsurprisingly lower compared to the average, but the month to month reduction was softer than we’ve seen recently. Female slaughter rates are still high, a clear indicator of the pull of good prices paid by hungry restockers and processors. Australian Bureau of Statistics National cattle slaughter numbers for June 2020, […]
Sheep, lamb and wool prices – where to from here?
In this webinar for the Leading Sheep network, Robert Herrmann takes a look at the future for sheep, lamb and wool markets, to provide some insight on what’s driving these markets and whether the fundamentals have changed in 2020. What’s covered? Fundamentals of sheep and lamb markets African Swine Fever and the increase in hunger […]
Merino price volatility – August so far in perspective
The greasy wool market opened with a bang last week, with prices falling heavily especially for combing length medium and broad Merino wool. This article looks at the price fall for August so far in relation to history, for some perspective. For this analysis closing monthly prices of the average Merino micron price from 1947 […]
Lamb exports finding a home for now, but at cheaper prices
Despite plenty of anecdotal reports around weakening demand for lamb in export markets, July exports number showed similar levels to last year. Delving a bit deeper into the market we find that weakening demand is likely showing up in price, not in volume. This is especially the case in the US. With July typically being […]
