Herd hits cyclical high
Meat and Livestock Australia’s latest industry projections have Australia’s beef cattle herd having reached its maturity, with numbers now back on the decline. This assumption is supported by the highest slaughter figures since 2019, and as we observed last week, the highest female slaughter rate last quarter since 2020. The Australian Bureau of Statistics revised […]
Canola resisting the big soybean crop
The United States Department of Agriculture is forecasting a record soybean crop in the US, as large plantings and good growing conditions continue to see forecast production grow. Soybeans are one of the largest contributors to the ‘oilseed complex’, so we should see canola price ease, right? Prices have been on the decline with forecasts […]
Not all restocker lambs are equal
Of course not all restocker lambs are equal. In this sense, we are looking at restocker lamb indicators and trying to decipher which we should be tracking. A lot of lambs go into the National Restocker Lamb Indicator, but you can pull the data apart for a closer match to what we are actually selling. […]
Update on RWS premiums
Premiums for quality scheme-accredited wool continue in the greasy wool market. This article takes a look at RWS premiums during the past three months. Calculating premiums for various quality schemes remains a challenge as many lots are accredited to more than one scheme. As a consequence, this article focuses on RWS wool-accredited wool (which often […]
