Cattle market maintains momentum

Overhead view of cattle being move through race at yards

Tomorrow will bring the opening Eastern Young Cattle Indicator (EYCI) for the year, and if weaner sales so far in 2022 are anything to go by, another record could well be on the cards. Looking back at the major movements for the cattle market over the past 12 months, this time last year we were […]

Canola back up but waiting for wheat

NSW harvesting wheat crop

The massive winter crop harvest is close to finished, with a few very heavy delivery weeks in December and early January breaking the back of the crop. Now with traders back on deck, we take a look at price and basis trends. The last time we looked at harvest progress was during the wet November […]

Differing wool supply trends in the east and west

Sheep being shorn for wool

The Merino fibre diameter continued to fine up in December (down by 0.15 micron) with a consequent shift in the Merino production to the finer micron categories. However the overall Australian average masks a wide discrepancy between the eastern regions and Western Australia. In December the average fibre diameter of Merino wool sold at auction […]