Wheat is simply biding its time

The unsettled nature of the grain markets is composed largely around tight stocks, supply issues, war, government interventions, rising interest rates and high prices. Now you can add another element to the mix global financial crisis 2.0. The talk of recession, inflation and weakening economies is rattling the market, with the negative sentiment spilling into […]

Signs of softening demand

cattle

Cattle markets took a downbeat turn this week, with most indicators slipping into negative territory, with the notable exception of processor steers, which bucked the trend with a 5% gain over the course of the week. Slaughter statistics for week ending 10th June, 2022 were stagnant overall, lifting just 405 head to 95,155 head for […]

Market softer overall as wintry conditions take hold

The wet, wintry conditions across most of the east coast is starting to partially impact the quality of sheep and lambs as they battle through the tougher conditions. Demand is still strong, especially for higher quality stock, but overall the market was generally softer this week. Last week, east coast lamb slaughter dropped by 1% […]

Increased offering met with stronger market

The return of Fremantle, and the subsequent increase in bales offered, was met with a strong demand from buyers this week. AWEX reported that as Fremantle did not participate in the positive price movements last week, it produced the largest gains with 70 to 125 cent lifts reported across its’ merino indicators. The EMI was […]