Danger lamb’s risk rainbow
Today, we look at a pretty typical lamb trading scenario that most producers would be familiar with- Buying lambs at 15kg cwt, growing them out to 22kg cwt, then turning them off at the saleyards, or over the hooks, and how the ‘breakeven rainbow’ can be used to consider risk. Conditions are good at the […]
Search for stock doesn’t slow
Spring has finally sprung, and with warmer weather on the way confidence in the young cattle market remains sky high. The Eastern Young Cattle Indicator reached yet another record high last week, at 788¢/kg, and now sits just below that at 777¢/kg (as of Wednesday 2 September). This is a premium of 274¢/kg on the […]
Sale volumes up in August
Demand, or lack of it, remains the key focus of the greasy wool market which is trading in the toughest conditions of a generation, since the collapse of the Reserve Price Scheme in the early 1990s. Despite the weak demand and falling prices wool is still being sold to the supply chain, so this article […]
Solid rally dampened by AUD and basis
Long time readers will know that in grain marketing theory we traditionally take Chicago Soft Red Wheat Futures, divide by the Aussie dollar, US dollar exchange rate, and add or deduct local ‘basis’ to get the price. Chicago SRW has been doing the right thing by growers, but it is being hampered by the other […]
