Speculators go short on wheat
The ebb and flow of managed money’s interest in agricultural commodities has the ability to strongly influence the market. Speculators have steadily wound back their bullish bets on grains in the international markets over the last two months, adding momentum to the downward price spiral. As of the 17th of May 2022, managed money held […]
We’re not the most expensive any more
With the falling Eastern Young Cattle Indicator (EYCI) and a weakening Australian dollar young cattle in Australia are no longer the most expensive in the world. Heavy cattle are maintaining their premium to the US for now. It’s always prudent to keep an eye on what is going on in US cattle markets. As a […]
Flock forecast to flourish faster
All sheep industry data is on the increase, with the flock size and subsequent slaughter, production and export volumes growing at a faster than first expected rate this year. Australia’s sheep flock reached 100 year lows in 2020, but favourable seasonal conditions and historically high markets have since turned that around. Meat & Livestock Australia’s […]
