US production slowdown is yet to hit
Global beef production forecasts for the year have risen slightly since April, primarily driven by the US. If the forecasted volumes eventuate, it will mean total world beef production will be higher year-on-year, according to the US Department of Agriculture’s (USDA) latest world market report. It was expected that Australia’s beef production would be up […]
Mutton upside a slow burn
Most sheep and wool operations focus on lamb and wool prices, as their main source of income typically comes from these areas. Over the last few years, strong sheep prices have added a bit of cream to profits, but this has abruptly ended in 2023. Here we look a bit deeper into mutton markets. The […]
A Black Sea Recap
It has been a while since we’ve had a close look at what is at risk in terms of wheat exports in the Russia/Ukraine conflict. The recent issues in the Black Sea region have been well documented, and here we take a look at why they are moving the market. As the world population has […]
