Beef exports finishing year strong
Australian beef exports generally maintained their momentum last month, staying well above both year-ago and five-year-average volumes. The trade did back off from the bumper October, which was the strongest month for beef exports since December 2019, but the global demand appears to be keeping pace with production. This was despite plenty of international market […]
Light lambs early exit
For a few months now we’ve been tracking lamb exports to the Middle East. This data has been backing up the anecdotal reports regarding the number of light lambs that have been heading to slaughter rather than back to the paddock or the feedlot. New saleyard data is adding to the evidence that tighter supply […]
Local wheat steady, US wheat finds strength
International wheat markets have been looking oversold for a while, and last week finally saw a price reversal. While the World Agricultural Supply and Demand Estimates (WASDE) report wasn’t the catalyst, it did give some clues as to the drivers of turnaround. The headline numbers for wheat in the WASDE were relatively benign. The United […]
RWS premiums and volumes for 2023
RWS-accredited wool volumes continue to grow in the major greasy wool exporting countries, accounting for slightly over half of South African production, one-third of Uruguayan production, one-fifth of Argentine production, and some 13% of New Zealand production. This article investigates RWS premiums and volumes in merino wool sold at auction in Australia in 2023. The […]
