Higher yardings take shine of restocker lambs
While the ESTLI and NMI both slid lower, the standout fall this week was restocker lamb prices and the main driver seems to be a solid increase in supply coming through this week. he national sheep and lamb indicators all slid lower this week, with the higher value categories impacted the most. Light lamb prices […]
Tight supply drives the market
Another short week last week resulted in lower cattle yardings, but this didn’t stop buyers coming to the markets, with strong demand for all types of cattle firming up all national indicators week on week. East coast yardings for the week ending 22nd of April, were down 25% on last week and over 50% lower […]
Rain on the plains
Ag commodities are like a buoy in the ocean at the moment, rolling up and down with each wave. The major issues remain unresolved in the background, but when there are so many balls in the air and so much depending on the fate of this years’ harvest, it is not surprising we see these […]
Big offering well received after Easter recess
A big offering after the 1 week Easter recess break was received enthusiastically by buyers, with the Eastern Market Indicator (EMI) recording its’ first lift in 6 sale series. The EMI is 10ȼ higher than where it sat before the Easter break at 1,377ȼ. Once again the strongest demand was for higher yielding, lower vegetable […]
