Is the herd turn enough to lift prices
The Meat and Livestock Australia (MLA) Cattle Projections released last week have confirmed the theory that we are seeing peak cattle herd now, and supply will remain strong for the medium term. Here we look at what this means for pricing under current, and expected global fundamentals. It’s been talked about a bit, but the […]
Contrasting crop production
The seasons in the north and south couldn’t be more different in terms of rainfall and crop progression. While somewhat overshadowed by market movements, the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) last week released the September Crop Report, confirming the seasonal divide. The difference in the seasons in what we loosely […]
Sheep and slaughter are still on the rise
All figures are looking up in the latest Meat and Livestock Australia sheep industry projections, released last week – except for prices that is. However, given historically strong flock numbers and record high slaughter, the price is expected to hold up to the usual spring downward pressure reasonably well. Despite poor seasonal conditions across much […]
Drop in WA wool substantial but not unprecedented
Varied seasonal conditions in different regions during the past year (ranging from good to awful), low prices and the live sheep export issue in Western Australia are depressing sentiments for the wool industry. This article takes a look at the latest AWTA core test volumes which are the best estimate of wool production in Australia. […]