Canola wild ride continues

In the World Agricultural Supply and Demand Estimates (WASDE) released last month global canola and rapeseed production was forecast to remain at the upper end of the scale. Consumption was projected at similarly strong levels, but inclement weather might be taking bites out of supply. Canola and rapeseed production has steadied in recent years after […]

Lamb slaughter no slouch as records fall

We’ve nearly got another quarter of 2024 under our belt, but the Australian Bureau of Statistics (ABS) figures for livestock production for January to March were released recently, and they are worth a look to see just how things have been tracking in sheep and lamb. As was expected from weekly slaughter reports, lambs hit […]

Bale breakdown for May

Wool supply is one of the key components of the greasy wool market, and the greater supply chain, which we can monitor closely as the Australian production is well reported via the AWTA and makes up the lion’s share of merino production. With this in mind this article looks at the latest AWTA volume data […]

Cattle prices missing the upcycle

We had a query come in recently asking why cattle prices here are relatively weak, when there are record cattle prices in the US, and close to record beef export prices for our product. The answer is as simple as supply and demand, but we need to separate beef from cattle to see why. US […]