US exports keeping a cap on lamb prices

Lamb exports to the US have recovered since the weaker levels of 2023. In terms of volume the US has never taken more of our lamb, and their share of our exports is strong. As such it’s worth looking at US lamb markets, to see if we have reached the limit for our lamb values. […]
ASX wheat holding on in the face of falling SRW

The weakness shown in international wheat prices recently has been well documented. The delivery of a good winter wheat harvest in the USA will always put downward pressure on prices, but it’s been coupled with increasing global stocks. The supply situation isn’t as rosy here, and it’s starting to show in our price premium. The […]
Restockers look online for spring opportunities

The National Young Cattle Indicator (NYCI) is Meat and Livestock Australia’s new go-to guide for the restocker market, with its inclusion of all states as well as online sales making it more widely relevant than the Eastern States Young Cattle Indicator. While it was only launched in May, MLA has backdated the figures to 2000, […]