Big cut to Brazilian beans


A raft of report releases by the USDA have done little to stir up grain and oilseed markets. Changes to forecasts were largely in line with market expectations. The only major surprise was the bigger than anticipated cuts made to South American crop production due to the negative influence of La Nina. Wheat All wheat […]

Bronze medal year for Aussie lamb exports

Shipping container

The new year has started with a focus on domestic lamb consumption, as Covid-19 impacted processing and freight leaves some shelves short on meat and the latest Australia Day lamb marketing campaign hits the airwaves. As we wait to see what impact availability and restrictions has on both how much lamb Aussies eat this summer […]

Quantifying Omicron Impacts

Cattle on feed

It seems like this is the hundredth article we’ve written on Covid-19 impacts on livestock slaughter, but here we are again. This time it’s not just processors who are being affected by staff shortages, for livestock producers it’s the worst kind of bottleneck. This time it’s not government mandated restrictions on workers, it’s staff getting […]

Broad merino prem supply and discounts

Wool in shearing shed

In recent years the proportion of short length (prems) broad merino wool has increased. This article takes a look at the supply and discounts of 21 micron short length wool. Discounts for shorter length wool tend to widen during periods of high prices (strong rising price cycles) such as in 2002, 2011 and 2017-2018. Figure […]