Harvest pressure – will it ever end?
It feels like the wheat market is limping into the end of the year. It has been quite the year so you could excuse the market for looking a little fatigued. CBOT futures have weakened a little in the past month as a series of adjustments to global wheat inventories, due to improved production and […]
A record year for cattle prices
The cattle market in Australia has been red hot this year (and last year) and The Eastern Young Cattle Indicator (EYCI) has been the barometer, more than doubling since the end of 2019. And this week was no exception finishing the year on an all-time high – 1169¢/kg cwt. The top saleyard contributing to the […]
Mutton eases as supply increases
Lamb and sheep supply hit peak levels for the year last week and as a result prices cooled a little, especially in NSW, which saw the biggest lift in supply. Still, it has been a record year for sheep prices in general, with the Eastern States Trade Lamb Indicator reflecting the overall strength in the […]
Final sale for 2021 posts small decline
The Australian wool market ended the 2021 sales year with a marginal decline, however as buyers chased specific lots some types finished at stronger levels. Generally, the wool sale result can be seen as a solid end to a year of uncertainty. The Eastern Market Indicator (EMI) slid 2ȼ for the week to close at […]
