Cattle price volatility lower as supply and demand find balance
Cattle market volatility has waned recently. The wild swings of 2023 saw prices move up to 70% across the course of two months. Thus far in 2024, we have seen prices shift, but the size of the moves is small compared to 2022 and 2023. The Eastern Young Cattle Indicator (EYCI) has started 2024 in […]
Winter is coming, where will lamb land?
While many are focussed on the Anzac Day market of a good autumn break, and whether more rain – or any rain at all for some – is on the horizon to kick start the season, the shortening days also tell us winter is right around the corner. Which usually means improved returns for those […]
Sheep meat price volatility
The drop in sheep meat prices in 2023 came as an unwelcome shock after the better part of a decade of rising prices. This article takes a quick look at past price volatility in sheep meat prices to put 2023 into some historical context. A common way of looking at price volatility is to calculate […]
Exchange rates helping wheat values
The exchange rate has been in the news lately, with the Australian dollar falling to a six-month low last week. Given this, we thought it was time to revisit how exchange rates can impact the price of grain commodities here. Figure 1 shows the Aussie dollar has steadied in 2024, but broadly continues the downward […]