RWS premiums – an update
Premiums for RWS wool burst upon the greasy wool market in October 2021, when Cape Wools began publishing weekly premiums being paid in the South African market, which were substantial. The transparency provided by Cape Wool reports seemed to prod the Australian market into paying similar premiums (on smaller volumes). This article takes a look […]
Cattle live exports fail to gain ground
We last looked at live cattle export figures for the first four months of the year, which showed they’d ended 2021 at decade lows. We now have data for the first 10 months, and numbers haven’t improved. For the year-to-October, live cattle exports are 30% lower year-on-year, with only 474,617 head leaving Australia. In comparison, […]
ABARES crop report forecasts record production
The Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) released their December crop report earlier this week. The report was somewhat surprising, given the amount of coverage we’ve seen and heard about flooded crops. ABARES pegged production higher, largely thanks to South and Western Australia. While ABARES did make some minor changes to […]