Prices lower as harvest rolls on
Harvest is off to a flyer this year. Graincorp has already produced three harvest updates, with the latest released on Monday. Last year the first harvest update didn’t come until the 16th of November. Figure 1 shows Graincorp’s grain receivals by state for the last three weeks. The Queensland harvest is all but over, with […]
Beef market share shake up
Australian beef exports reached their highest monthly volume since pre-COVID (December 2019) in October, breaking through the 100,000 tonnes mark for just the second time since then. Demand from the US and China has continued, putting them as the number one and two destinations for Australian beef, while the traditional biggest market share holder Japan […]
Lamb exports running hot
While prices for lambs aren’t great, and mutton is still depressed, the good news is that at least the heavy lamb production from strong slaughter rates is still finding a home in export markets. More lamb is finding a home in the Middle East, which is good for prices down the track. Here are a […]
Wool volumes ahead of schedule
Auction sales volumes and AWTA core test volumes are running well ahead of this time last season. Shearing and delivery of wool to store has been relatively unhindered by wet weather and low sheep meat prices encourage wool selling. With this in mind, it’s time to investigate changes in price, volume, and gross sales value […]
