Mutton in strong demand and low supply
Mutton exports have hit the ground running this year, well above 2021 levels, and domestic sheep prices are holding firm at historically strong levels. Slaughter on the other hand has begun the year 28% lower year-on-year (on the east coast), and despite most processors having now overcome earlier Covid-19 caused slowdowns, sheep throughput has some […]
To hedge or not
Merino wool prices are trading at good levels and there are economic storm clouds on the horizon in the form of interest rates and political instability in Eastern Europe, along with logistic issues which have reduced shipping reliability markedly. The question about hedging naturally arises at such a time. This article takes a look at […]
