Wheat stays afloat in volatile market
The start of the week saw a strong financial market ‘correction’ as concerns were raised that the US was at risk of a recession and that China’s economic strength was under question While most of the affected economies recovered in the days following, the hit to crude oil rattled the oilseed complex. Accompanied by an […]
Rally retrace helps restockers
Prices were down for the majority of indicators as a result of an increase in supply as farmers looked to capitalise on the rally seen through July. Buyers’ attendance remains strong with many saleyard reports talking to full fields. Softer prices at the rail were enough to get the restockers bidding. The Eastern States Young […]
Quality over quantity
The mixed quality offering at saleyards continues to split the market. Large price spreads are being reported, with any well-presenting stock attracting a premium. On the whole, the finished lamb market is holding value well. In WA stronger prices drew lambs and sheep out of the paddock. With a total yarding of just under 30 […]