Riding the ovine rollercoaster
Lamb and mutton markets have been a wild ride over the last 12 months. Unexpected seasonal events have given heavy swings in supply and a massive range in prices. Here we take a look at if, and when the market might settle, and importantly, what level that might be. The wild range of the lamb […]
Indonesia signed the dotted line
For northern cattle producers, access to overseas markets for live cattle is pivotal to their operation. 2024 began with trade uncertainty which left the industry holding its breath on future trade with Indonesia. However to much relief, in recent days Indonesia issued the first permits allowing the import of live Australian cattle. Indonesia is Australia’s […]
Looking for opportunities in a bear market
Grain markets appear to absorbing the negative news at the moment, but we are only early in the growing season for many northern hemisphere crops. Here we update key markets and look for opportunities. With grain production forecasts increasing, more and more pressure comes onto prices. As outlined in last Friday’s market comment (read here), […]
Competitor crossbred stocks piled high-revision
An article in the Rio Times from the middle of 2023 caught the eye recently as it put a number on wool stocks in Uruguay. It was a large number, 40 million kg of coarse (crossbred) wool which is effectively twice its annual wool production. However, the situation is different in Uruguay due to early-stage […]
