China and US driving beef demand
Australian beef export volumes are gaining back some of the traction they lost over the past two years of record domestic prices. Increasing by 17% year-on-year for the January to June period, they’ve spent three of the past six months close enough to five-year-average figures. While still more than 100,000 tonnes behind the record volumes […]
Meat breed momentum over merinos
The data from the Meat and Livestock Australia (MLA) and Australian Wool Innovation (AWI) Sheep Producer Intentions Survey (SPIS) for May was released earlier in the month. The main thing we like to take out of the survey is flock structure and potential impacts on lamb and wool supply. The trend out of merinos and […]
Local markets defying volatility
The last fortnight has seen a return to the rampant volatility which has been missing from grain markets for much of the last four months. The drivers are well documented, with the weather shifting in the US, along with more geopolitical moves around Russia. Locally, markets are taking some notice, but price movements are far […]
Merino combing-carding price difference
In a variation on the price compression theme looked at in an article two weeks ago for the 19-micron category, the article this week looks at the difference in price between the average merino carding and combing price since 2000. The 20 MPG to merino cardings has been a reliable flag of cyclical lows in […]
