Spring slaughter key to price support
Spring cattle slaughter was much stronger than it had been in recent years, with the herd rebuild waning if not stopping altogether. Compared to the levels of the last 20 years, however, cattle slaughter has some way to go to reach the high tide mark. Figure 1 shows Meat and Livestock Australia’s weekly cattle slaughter […]
Record ovine slaughter positive for price
Many readers will recall the constant references during the second half of last year around lower sheep and lamb slaughter capacity. Tight supply from 2020-2022 combined with Covid labour issues saw capacity cut and slow to recover. Good margins in the ovine processing industry have fixed capacity issues. Strong supply and cheap sheep and lamb […]
Red Sea Risk
Global trade and commerce are again being compromised by political instability. The Hamas-led atrocities on the 7th October inside Israel have precipitated a wider conflict in the Middle East which is threatening to spill outside of the region. The region in question is the world’s most important trading route, carrying goods and commodities from oil […]
Profile of the NZ wool clip
New Zealand is the big broad crossbred wool producer and exporter, as well as having a good quality merino clip which is similar in size to the New England regional clip. So it is valuable to know what is going on in terms of production and price across the Tasman Sea. Detailed information (supply and […]
