Chinese demand weakens as global beef heads stateside
Australian beef exports volumes are at record highs for the first six months of 2024, and the supply and demand dynamic looks to keep them tracking that way for the rest of the year. More than 600,000 tonnes of beef has been exported from Australia so far this year, which is an increase of 20% […]
How long will the winter price rise last?
We’ve been looking for it for some time, and it has finally arrived. The winter price rally was late, with lamb supply holding strong through autumn and early winter thanks to seasonal conditions. In the last fortnight the supply and demand equation has moved in favour of producers, but how long will it last? After […]
WASDE tips wheat into neutral territory
The United States Department of Agriculture (USDA) released its World Agricultural Supply and Demand Estimates (WASDE) late last week with increasing supplies of wheat and corn, while marginally cutting soybeans. The report was a little bearish and added to the negative tone markets saw last week. World wheat production was increased by six million tonnes […]
Decline in broad wool volumes out of Eastern pastoral regions
The greasy wool market in Australia and South Africa is well-serviced for price reporting via AWEX and Cape Wools. Supply, which is an important driver of relative prices within the greasy wool market, is less well reported. This article takes a look at sales volume by micron for merino and crossbred in Australia during the […]
