Mutton on a shoestring


Mutton prices reached lows not seen since 2008 in the West this week, but thankfully some markets were kinder than others and trade lamb prices received a much needed lift. The market now looks to the rain radar for direction. The Eastern State Trade Lamb Indicator (ESTLI) improved 20¢ to 450¢/kg cwt this week with […]

Higher premiums for heavy steers

Cows in pasture paddock

Cattle yardings fell this week to a touch over 38,000 head, which was the lowest volume to go through the yards since the first week of July. Slaughter continued to rise however, and although is a week delayed from yardings, does demonstrate that producers are perhaps more keen to go direct and know their returns […]

Mixed messages

Wool bales inspection

The market opened this week on a distinctly weaker note, with AWEX reporting the Eastern Market Indicator (EMI) on Tuesday posted its lowest level since October 2020. This was turned around on the second day with all categories improving, pushing the EMI back up to end the week just 4 cents lower on last week. […]

Seasonal Lows – calm before the storm?

WA wheat field

The market is approaching seasonal lows as the weight of Northern Hemisphere harvest – nearly complete – rides precedent over rumours coming out of Canada, Australia and Argentina. There is a raft of conflicting pressures building in the wheat (and corn) market as unfavourable weather is trimming yield potential in these countries. Adding weight to […]