Soybeans pull the plug
After such a bright start to the week, the wheat market has again given way to bad habits. The precursor to the leg-up was ongoing hot and dry conditions in Brazil. The soybean planting has stalled as unfavourable conditions in the key state of Matto Grosso and others were raising concerns that the world’s number […]
Eyes on the skies
The lamb market performance was varied this week, with a modest uptick in prices for some categories. New season lamb numbers are on the rise, and the increase in supply of restocker types was evident this week which added pressure. However, it’s the upcoming forecast that is of particular interest and could set the stage […]
Positive market moves continue
National cattle yardings jumped significantly this week, but it didn’t put downward pressure on prices, as indicators rose across the board. Young cattle, feeders, and restocker performed particularly well this week, indicating a more positive outlook for the cattle market in general moving forward. Meat and Livestock Australia reported cattle yarding numbers increased by more […]
