Supply of young cattle gets extreme

The market has kept on sliding in the winter ice this week, with yet more signs that supply into the market is continuing to increase. Down went the EYCI, and the WYCI too, as well as all other categories this week. Alarmism in the market about FMD is probably overrated at this stage, and most […]

Safe passage or dead end?

Australian wheat shipping terminal

The market is holding its breath on news of a potential grain corridor for the resumption of food products from Ukraine. Information leaking from Turkey would suggest that a deal has been negotiated between the warring parties, with just a few ‘minor’ details to be ironed out. Reuters reports that a deal will be announced […]

Picky buying pulls down prices

It was another week of prices moving in the wrong direction for winter. Early reports suggest big yardings at many of the major saleyards was met with erratic buying where once again, quality proved the sticking point for buyers. Pens of new season lambs have begun appearing in smaller numbers in central NSW and in […]