Little lots lead to bigger wins
All the wool market action took place in the east this week, with no sales taking place in Fremantle. The small 2 day sale with very few lots on offer saw the market stronger from start to finish. The offering declined by almost 5,000 bales week on week to just 26,897 bales in total. Buyers […]
Bears in the new crop
This week has been all about the impending Northern Hemisphere harvest hitting the pipelines. Despite a raft of supportive news, the noise was drowned out by the prospect of new crop harvest. In many respects, wheat has been driving the ag commodity markets recently on deteriorating crop prospects in Russia. This had been fully priced […]
Winter brings the wet
The start of winter brought with it the rain, with widespread falls adding to the guage. Tighter supply this week was what helped drive prices higher for most of the cattle indicators. Dairy cows had the largest jump week on week and if you’re on the east coast its good news because all of those […]
Mutton makes 12 month highs
The market was buzzing this week, with stronger competition and lighter yardings driving prices significantly higher on all types of lambs and sheep. Some decent rainfall totals across large parts of the country have helped lift the mood of the market. The Eastern States Trade Lamb Indicator (ESTLI) lifted to 715¢/kg cwt over the week, […]