Grainfed cattle bolstering supplies
With the export beef market again on the up, history tells us that our cattle prices should be following. Local supply is the issue, and the latest lotfeeding numbers add to the view that there are a lot more cattle waiting for slaughter. Friday’s market comment (read here) looked at the rising price of 90CL […]
Prices put the brakes on producers intent
Livestock sectors across the board were impacted by the volatile market conditions and unpredicted weather conditions at the back end of 2023. The sheep industry likely felt this more than most, as producers can react faster to conditions, and their market saw a historically extreme fall and recovery. Just last month we had a look […]
Soybeans pushing out wheat and corn
Grain markets are in somewhat of a holding pattern as northern hemisphere winter crops emerge from dormancy, and sowing of spring crops getting underway. Crop progress reports from the United States Department of Agriculture (USDA) start on the 1st of April, until then we’ve got acreage estimates to work off. Plenty happens in terms of […]
Crossbred wool prices curves
As with merino wool, there is a wide range of crossbred qualities. Fibre diameter is one of those measures of quality, and for crossbred wool, it ranges from 20 to 40 microns. This is a wider range of microns than merino wool encompasses, with this in mind, let’s look at crossbred price curves. Mecardo looked […]
