Light lambs still headed to the Middle East
It’s been four months since we had a look at the much-talked-about Middle Eastern lamb export market. With the export data for the first two months of the year, along with slaughter weights for the December quarter, it’s time to again assess how many lambs have exited the market early. Figure 1 shows lamb exports […]
Feed pens fuller yet again
Volatile market conditions for cattle didn’t scare the lot feeding sector into submission last year with yet more growth recorded for the final quarter. The number of cattle on feed in Australia grew by 2.9% in the September-December period, to a record high of 1.29 million head. The number of cattle able to be fed […]
Wheat and canola heading in different directions
The hedging window for next season is closing for wheat, and at current levels, there are probably not too many growers rushing to do anything. Canola has found some strength in recent times and defied wheats’ drift lower. The depressing factors for wheat prices keep coming. While prices have been dragged lower by corn, wheat […]
Wool price volatility by micron
Price volatility does not have a good reputation with farmers, especially when prices fall, such as was the case with sheep meat in 2023. A recent query, implying fine merino price volatility is too great has prompted this article in which we take another look at price volatility in wool prices. Extensive agricultural prices are […]
