Onwards and upwards after price push?
Predicting what the cattle market has in store for 2024 is a much more positive experience than it would have been a month ago. But that said, it might be now even tougher to predict how the market will progress in the new year, with the downward spiral that has been cattle prices reverting to […]
2024 a year of recovery for lamb?
It’s that time of year when we dust off the crystal ball and take a look at what markets are likely to do in 2024. There are plenty of unknowns amongst fundamental drivers of sheep and lamb markets, but at least supply is something we can get some sort of handle on. Looking back at […]
Plenty to be gained for croppers in using urea
Amid the lower grain and oilseed prices this harvest, at least some inputs have also come off their extreme highs thanks to more stability in supply. When urea was expensive, we looked at the cost and benefit of applying it to crops. Now that it’s cheaper it’s worth checking on the tradeoff with the outlook […]
Impact of the dry spring on 2024 Merino wool supply
In the six months to October, the six-month median rainfall for Merino regions around Australia came in at a low 21st percentile, reflecting the very dry spring. November rainfall has dragged the six-month percentile back to the 30th percentile but the effect of the dry 2023 spring will be felt through till mid-2024 at least. […]
A Look ahead for grain and oilseed markets
This year has been one of relatively consistent price declines for grain and oilseed markets. Coming out of a season where we reached record levels (driven largely by geo-political factors) this is no surprise, but now that markets have adjusted, where are we headed next year? Grain markets are highly volatile, and the previous two […]
