Processing the truth

Cattle saleyards

Do national Processor Steer indicator index prices really provide a good guide as to changes in the value of trade cattle week to week? Or are there reasons we shouldn’t read too much into short term changes in this price? The devil is in the detail that sits behind the published prices each week. The […]

How much is the risk premium?

Wheat plants _ image

All the talk in grain markets has recently been around the threat of conflict in the Black Sea region. With two large grain exporters potentially ceasing trade if and when a war kicks off, it would make everyone else’s grain more expensive. There is a risk premium in the market, here we try to assess […]

RWS supply and premiums in Australia and South Africa

Wool

In an ideal world we would consider the supply of merino wool out of the main southern hemisphere exporting countries as a whole, with regional variations, as the buy side of the market does. Along these lines, this article takes a look at merino RWS wool supplies and some of the premiums for the season […]