Praise to lamb
Lamb consumption tends to be influenced by ethnic, cultural, and religious drivers, which can create a highly seasonal pattern of demand. The question is at what times of the year is the lamb market primarily influenced by the religious calendar? Some religious calendars feature multiple celebrations and festivities which call for a special meal to […]
WASDE bullish on wheat
The May release of the United States Department of Agriculture (USDA) World Agricultural Supply and Demand Estimates (WASDE) report is one of the most anticipated reports to come out of the USDA each year. The May WASDE gives the first look at supply and demand estimates for the coming season and sets a benchmark for […]
Switching out of a La Niña season
With the weather patterns switching out of a La Niña year and plenty of mention of El Niño in articles it is time to look again at the relationship between La Niña, El Niño, and rainfall (the key driver of agricultural production). The prospect of an El Niño is not very palatable; however, the seasonal […]
Feedlot supply still strong
The Meat and Livestock Australia (MLA) and Australian Lot Feeders Association (ALFA) quarterly survey data was released last week, and after a bit of volatility, the numbers have found a level early in 2023. There were however some significant moves around the country. The headline number of cattle on feed was steady on the December […]