Ukraine/Russia tension & the impact on grain markets
Ukraine has long been considered the “Breadbasket of Europe”, and is a significant source of wheat and feedgrains in global trade. Rising tensions with Russia and speculation that armed conflict may imminently break out, means it might be a good time to quantify what Ukraine means to grain markets. A Russian military force of over […]
Queenslanders calling out for more cattle
Another week, another Eastern Young Cattle Indicator record, as the benchmark price in the market climbs within reach of the $12/kg mark. The EYCI closed yesterday (Monday 25 January) at 1191.52¢/kg, having jumped 50¢/kg in the past week. This is despite yardings kicking into gear and rising over the past week – not just on […]
Barley finds it’s level
We know there is plenty of feed grain around this year. The wet harvest has downgraded plenty of wheat, to go with what is expected to be the second largest barley crop on record. Feed grain pricing is beholden to both domestic and international factors, and it’s good time for a look at how they […]
Apparel fibres – 31 years on from the RPS collapse
Greasy wool is embedded within an old and complex matrix of related fibre markets. Any assessment of wool prices needs to take into account the wider apparel fibre backdrop. This article looks at a couple of views of the current apparel fibre complex. The cycles and trends seen on the wider apparel fibre markets are […]
Rouble rises from the ashes
When Russia invaded Ukraine, global outrage meant that the action would not go unpunished. While Ukraine begged for no-fly zones and military aid, the rest of the world’s leaders, shackled by fears of triggering WW3, chose to instead impose a raft of economic sanctions, aimed at crippling Russia’s economy and war machine. The list of […]
