Lamb market standing on solid ground
Saleyard lamb and sheep throughput continue to track down slightly, with wild weather no doubt stalling some numbers in the south this week. As a result, buyers chasing quality have again helped to firm up the market. Winter clean-up lots marking the tail end of the old season lambs in the south are widening the […]
Hot August sees supply build in September
The BOM declared August as the hottest on record, for Northern East Coast producers it created ideal fattening conditions and allowed unimpaired movement of stock. South Australian and Western Victorian producers are desperate for rain to resuscitate their season hopes. Strong supply from the paddock and some absences from the buying field at the rail […]
Dip in dollar drives demand
The bounce back in the wool market this week was largely driven by improvement in the 18-19 micron range of price indicators as buyers continue to move with the exchange rate. The Eastern Market Indicator (EMI) increased by 4¢ to 1,091¢, just the 2nd time this season where it finished the week higher than it […]
