Lotfeeding capacity and utilisation on the rise
The number of cattle being finished on grain in Australia continues to rise according to the June quarter lotfeeding survey from MLA and ALFA. Feeder steer supply through the saleyards climbed higher to fuel this demand, which pushed prices slightly lower, while the utilisation level – the percentage of the capacity being used – was […]
A slow start to spring lamb
A month into the spring, the new season lambs are coming, but not as quickly as usual. For the first time in 2024 we have seen lamb slaughter lower than last year’s levels, yet prices continue to drift lower. Lamb and sheep slaughter adjusted lower in the winter, and it was later than usual thanks […]
Localised production cuts unlikely to impact prices
Last week we received a query about the impact of dry conditions in southern cropping zones and the recent frost in the Riverina on the price of grain. Here we’ll have a look at how localized supply impacts are factored into pricing. The very dry autumn and winter have already had a significant impact on […]
Argentine Wool Clip
With full season data available for the Argentine wool clip, it is time to review the wool production of this member of the Southern Hemisphere merino exporter club. Australia is the major supplier of merino wool but being the biggest producer brings no market power, only bragging rights, which is a standard feature for agricultural […]