Suckers slow to start but slaughter skyrockets
Spring is right around the corner, and with it comes new season lamb sales. Producers with plenty of lambs on the ground thanks to good seasonal conditions this year (so far) would no doubt have been doing their sums in recent weeks, and significantly scaling back expectations of returns from recent years. Supply of old […]
Beef exports to US on the rise
The July beef export data was released last week, and Australian beef exports continue to tick along at strong levels. The year-on-year shifts in beef export destinations make for some interesting reading, with the timing of our increase seemingly fitting nicely with a decline in US slaughter. In July, Australia exported 97.7 thousand tonnes of […]
Pre-report estimates pretty close to WASDE
The August World Agricultural Supply and Demand Estimates (WASDE) report is one of the most anticipated for the year. In August, the United States Department of Agriculture (USDA) has its first real estimates of corn and soybean yields based on grower surveys. This year the surveys didn’t shift estimates much, and markets showed little reaction. […]
South African Merino production
The South African merino clip, in greasy terms, is around 12% of the size of the Australian merino clip. However “wools ain’t wools”, so in some categories South African wool dominates supply. This article takes a look at South African merino production in 2022-2023. Regular market reports and supply analysis of the South African wool […]