Some positive signs for growers

Big silo

Grain and canola markets have found some post-harvest strength in the past couple of weeks. Support has come from both international markets and a stronger basis. Here we look at whether we’ve seen the low. Despite the abundance of grain in Australia this year, feed markets have held up remarkably well.  Figure 1 shows the […]

Support for cattle coming from the US

Cattle on Feed

Meat and Livestock Australia’s (MLA) cattle industry projections were released last week, and the results confirmed that the herd is experiencing very strong growth. Supply and demand theory would suggest that stronger supply will lead to lower prices in coming years, but there is some positive news from overseas. MLA’s cattle industry projections forecast the […]

A lot more mutton, a lot less money

Flock of sheep in dry paddock

There’s been plenty of money in mutton as the flock rebuilt over the past few years, but that trend has taken a turn for the worse – for those that are selling that is. If you are still in the market for more ewes, now might be your time. The national mutton indicator had a […]

EMI versus average merino micron price

Feedback indicates merino woolgrowers often use the Eastern Market Indicator (EMI) to monitor the greasy wool market. For decisions about specific categories or lots of wool, this is akin to looking at the share market All Ordinaries (All Ords) indicator to make a decision regarding a specific company’s share. This article investigates the relationship between […]