Australia doesn’t lamb alone

Image of shipping containers at sea

The annual Australian Lamb summer campaign launched the industry’s domestic marketing campaign for 2021 and so far seems to have hit the right note with consumers. Domestic consumption remains the most prominent market for Australian lamb, with roughly 40 per cent of production staying in the country. Aussies spent about $2 billion on lamb in […]

Wheat and Canola holiday boost

The main driver of increasing international wheat prices over the traditionally slow holiday period appears to be the falling US dollar. There has been a little of something else however, with Chicago wheat lifting in our terms as well, while a basis improvement has seen solid gains for Canola. Since the CME December-20 Soft Red […]

Seasonal price patterns in greasy wool not set in stone

Sheep in a yard

A subscriber from South America sent a question in recently about seasonal price patterns in the greasy wool market and its effect on prices early in the calendar year. This article takes a look at the seasonal price pattern in the 21 MPG from the mid-1980s onwards in Australian dollar terms. Seasonal price patterns are […]