Burgers or bust
The appetite of the US for Australian beef will become evident perhaps sooner rather than later. With exchange rates continuing to play their part in Aussie export affordability and processor cow spec cattle plentiful, if the US wants it, there will be plenty of beef flowing from Australia. With Young cattle supply not budging this […]
Competition ramping up on home soil
Yesterday’s headlines become today’s footnotes and as for the wheat market, the rally driven by news that Russia fired warning shots at a grain cargo vessel lost its steam and was replaced by reports of harvest progress & export flows. It appears that we are going to need to see a genuine interruption to supply […]
Sheep slaughter still soaring
The latest ABS livestock data was released this week, showing that lamb slaughter for the June 2023 quarter has actually dropped compared to the January-March period, albeit marginally by 0.2%. It had increased, however, by more than half a million head in comparison to the same quarter last year. And unsurprisingly the September quarter historically […]
See-Sawing start to 2023/24
The start of this season has seen a bit of a seesaw in pricing, and some give and take between buyers and sellers. Prices are up for two weeks and then down the next two weeks. What has stayed consistent for the 23/24 season thus far has been clearance volumes and willing attitudes to get […]
