Canola in the medium term
Canola prices are strong historically, but also very volatile. We had a request this week to assess the short to medium-term outlook for canola. Like all commodities, it’s a pretty murky situation, but we can bring together the fundamentals and see how it looks. Local canola prices are driven by several factors. Australia usually produces […]
More lovers of lamb to lift exports
Australian lamb exports recovered from supply, logistics and covid-19 created hurdles from the previous two years in 2022, finishing the year just a fraction above the record volume set in 2019. The scene is set for 2023 to follow suit, with Meat and Livestock Australia projecting lamb exports to rise more than 8% year-on-year, before […]
RWS and CM-NM merino volumes
In mid-2021 premiums bloomed for Responsible Wool Standard (RWS) accredited wool. At that time Cape Wools (the official industry representative organisation for the South African Wool industry) began to publish RWS prices and premiums in their weekly market report for South African greasy wool auctions. Volumes of Australian-grown RWS-accredited wool sold at Australian auctions were […]
Is it time for restockers to buy?
The cattle market continues to fall, which is both good and bad for cattle traders. Those holding cattle will not be happy, but those standing out for the summer will be quietly pleased that buy prices are on the wane. Timing is everything in trading, here we look at the current value. Every time we […]
