Heavy cattle grabbing attention

Angus cattle in green paddock with dark clouds in the background

The search for weight continues as buyers bid strongly for heavier cattle. With the supply agenda set by Meat & Livestock Australia last week, confidence looks to be on the upward trajectory in cattle markets. Going around the grounds in MLA saleyard reports, for the most part the market was upbeat for both buyers and […]

Russia, USDA and a Rock wall

NSW harvesting wheat crop

Picture if you will, a rock climber, gradually, step by step, grasp by grasp, pulling themselves up the face of a sheer rock wall. This is what the wheat market has been doing this week, making small incremental climbs over the space of the past week, rising up from the multi-year lows seen in late […]

Spring supply mounting in NSW

After a relatively stable few weeks, an increase in yardings and a softening of competition in the buying field applied downward pressure on prices this week. New season lamb numbers continue to build in quantity, supported by buyers willing to travel to fill their orders. The Eastern States Trade Lamb Indicator was back 4% in […]

Merino market lifts

Mob of sheep moving in dusty yard

The Merino section of the market took the credit for the modest improvement seen at auctions this week. The last two weeks of selling have seen a glimmer of support after a period of generally stagnant demand this financial year. The Eastern Market Indicator (EMI) improved across the week by 9 cents settling at 1,099¢/kg […]