Lamb exports back on track as mutton stays local

Shipping container

Australian lamb exports have climbed higher year-on-year so far, and Meat and Livestock Australia’s latest predictions expect them to remain that way for the rest of 2021. Mutton exports however continue to feel the pinch of the domestic flock rebuild, well behind last year’s volumes, and with MLA estimating them to finish 2021 making up […]

Merino micron switching trends

Wool

While there is a lot of action happening on the demand side of the greasy wool market such as energy issues in China, the development of RWS premiums and the usual spring market uncertainties, the driver of supply risk – seasonal conditions – continues to operate in the background. This article takes a look what […]

Wheat basis not falling but not rising

Wheat plants _ image

There is plenty of volatility in international grain markets at the moment, but this is not unusual when prices are at historically high levels. Locally markets have been remarkably steady, at least in recent weeks, compared to what’s happening internationally, as both growers and the trade get comfortable with the size of the crop. Despite […]