Beef export backslide?
Australian beef exports to key Asian markets such as South Korea, and China continue to display worrying signs of weaker trends, while the US imported beef market continues to suffer from economic uncertainty and strong domestic supply. On the brighter side, ongoing FMD issues in Indonesia may just have encouraged demand for imported Australian beef. […]
US dollar shortages weigh on Chickpea outlook
Australian desi chickpea prices, ex Gladstone have risen $144(26%) in the last month. What has caused this rise, and what is the outlook for the 2022/23 season? Gladstone Desi CHP1 prices are currently bid at $700/ton. (figure 1) Further south, in Brisbane however, prices are trading at around $600/ton. The reason for this apparent location […]
Have wool prices been low this season?
A couple of weeks ago; a prominent news outlet posted a rather dramatic article headlined with ‘plummeting wool price” and mention of a bloodbath week of auctions. When viewed on a daily timeframe the article may have had some basis but it seemed overdone, which raised the question about what is the best way by […]
Crystal balling 2023- lamb & sheep
Lamb and mutton prices have spent almost all of 2022 either in decline, or way lower than in 2021. The first half was relatively steady, but volatility crept in after July, and we are still seeing wild swings in the market. Here we take a look at how 2023 might play out. The long-term sheepmeat […]
