Confident start to the year
The first sales of the new year have shown a positive start for cattle markets with the majority of indicators finishing above the peaks of December. Supply was tighter, but still relatively strong as the momentum builds up following the shutdowns over the Christmas break. After a wet December, demand was buoyed by further rainfall […]
Straight to the moon
NASA may have decided to push back its moon mission this week, but this lamb market certainly has a rocket under it. Most indicators in the east have opened 2024 higher than the same time last year, driven by renewed processor demand, tighter supply, and plenty of rain. Since the middle of December, lamb prices and […]
Winter is for bears
The wheat market has started the New Year as it finished it. International tenders are still being dominated by cheap Black Sea supplies and there’s a lack of any real bull-ish drivers to take over. Any bullish event is quickly assessed for the potential to be an immediate threat or something to watch later. If […]
2024 opens the batting with a 50K offering
A 50k bale offering greeted buyers to start the calendar year but the East Coast market absorbed the pressure of supply to end this week’s innings. Both volume and the level of variability of quality were significant on the East Coast, resulting in an overall mixed result as the week progressed. It’s fitting that on […]
