Increased slaughter all in the north

On the back of the herd rebuild, cattle slaughter has started to rise to begin the year. Meat and Livestock Australia’s (MLA) weekly cattle slaughter data has hit a peak, but it’s Queensland that is driving the increase. East coast cattle slaughter has started the year on a high.  At least it’s a high compared […]

Lamb production set for another record year

Penned lambs in Victoria

Australia’s sheep flock has come a long way in a short time, bouncing back from record lows to a forecast of 78.75 million head in 2023. Meat and Livestock Australia’s (MLA) latest sheep industry projections (the first in six months), expect this to be a record year for sheep and lamb production, with plenty of […]

Commodity prices are good but inputs have caught up

NSW harvesting wheat crop

Agriculture seems to have come to a point where the price of products produced is historically high, but now input prices have made even stronger gains. The data put out by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) around farm terms of trade won’t come as a huge surprise, but makes […]

Vegetable matter discounts follow supply

The auction market, with its combined functions of price discovery and blending, constantly adjusts relative prices for different sorts of wool as supply changes. With vegetable matter (VM) on the rise, this article investigates VM discounts for 21-micron merino fleece. The influence of supply in the greasy wool market can be best seen in its […]