Lamb price lifts, but still cheaper than beef
The Australian domestic retail lamb price averaged a record $18.54/kg in 2021, rising year-on-year for the seventh consecutive time. However, the increase was smaller than the previous three years, and well behind the jump experienced in the domestic retail beef price. The average spread between the supermarket and saleyard price for lamb was lower overall […]
Volatility and opportunity
There is nothing like war to create rampant volatility in commodity markets. When the war is between major grain and oilseed exporters it takes price swings to another level. Last Friday’s article outlined the backwardation in the market, but the volatility still offers opportunity. US grain producers with stock on hand have been the main […]
