Whether the weather…
Whoever said grain markets were dull probably has never experienced a year like the one we’ve had. The past week has been no exception as the weather has been at the forefront of price moves across agricultural commodities this week. The US Midwest, the heart of the corn and bean regions, has been dry after […]
Cattle still slipping
Young cattle prices fell further this week, now sitting at nearly half of what they were just 12 months ago. If we look at it in a per-head format, year-on-year sellers are receiving close to $1000 less than they were this time in 2022. The Eastern Young Indicator sits at 562ȼ/kg, its lowest point since […]
Scales balance to steady Wool
Two centres, two sale days, and two vastly different results have tilted the scales to a balanced and neutral change in wool markets. The dynamics of auction day this week followed the trend this calendar year with low Vegetable matter (VM) lots highly sought after and when these lots dry up, so too do the […]
A ewe-turn in fortune?
It was no surprise that saleyard throughput would scale back, given the dissatisfactory price levels for sellers and the rain that fell across the country this week. A welcome pricing bounce has materialized across all categories, propelling most price indicators toward levels reminiscent of the end of May. In NSW and Victoria, trade lamb prices […]
