Cows jump against the trend
Despite a sea of red ink on the National categories, medium cows notched up a solid increment of 9% this week. The Eastern Young Cattle Indicator (EYCI) weathered the storm, even though supply of young cattle returned in earnest after the Australia day holiday week. Slaughter downshifted 9% last week from the week prior, with […]
Beans in top gear, wheat hits reverse
This week it has been all about soybeans. The oilseed (or meal source, depending on your point of view) has boomed on tight supplies and South American production concerns. Wheat, on the flip side, has come a full circle since hitting its highs in late January to be down nearly 30c/bu for the week. To […]
Wool market on a roll
The wool market has followed up from last weeks strong finish to post solid price increases across all sectors this week. The Australian Wool Exchange (AWEX) reported ‘spirited bidding’ from the opening lot, which helped to push prices up as the sales progressed. The Eastern Market Indicator (EMI) improved for the third week in a […]
Big week for lamb, but not at the yards
The Australia Day public holiday might be lambs time to take centre stage on BBQ’s across the country, but they were certainly missing from the yards. The latest supply data gives us saleyard throughput for the week of the public holiday and even considering the typical drop in numbers, we’ve never seen yardings this low […]
