Winter respite before a dry spring?
Winter historically has been a period of reduced supply which has often led to a marginal rise in cattle price indicators at this time of year. Despite the heightened supply pressure, we did see some indicators bounce back on average over July but as we approach spring, the recent resilience of price indicators will begin […]
Mediocre market doesn’t slow supply
Some lamb categories rallied ever so slightly this week, but mutton continued to drop despite sheep yardings being lower week-on-week. Producer preference to avoid uncertain saleyard returns remains evident as weekly slaughter numbers continue to outpace yard throughput. Despite a solid drop in the number of sheep making up the national mutton indicator this week, […]
Stage set for a wheat revival
In the past week, the wheat market has given up everything that it had gained since Russia pulled out of the Black Sea grain initiative. This is despite continued conflict engagements between Russia and Ukraine. These events in isolation, could have reasonably been expected to see big moves higher, but the market seems to have […]
