Yardings back down to normal for now
October has been a busy month at the nation’s saleyards as throughput smashes 5-year average levels. This week has seen yardings relax significantly from these highs, but it wasn’t enough to stop easing cattle markets this week. Discussion around the cattle market has been very positive, and the resilience of pricing is evident when we […]
Heavy lambs win the week
The lamb and sheep indicators were quite inelastic this week, with large swings in supply having less impact on the value. Restockers were very active in the market when compared to the last few weeks. New season lamb continues to build in numbers, whilst still commanding a premium thanks to buyers’ pursuit for quality. The […]
Optimism a plenty
As reported last week, it felt like the wool market was stirring on the back of positive Chinese economic stimulus. This week it posted the largest weekly rise in 15 months and managed to clear all but 590 bales that were offered for sale. It was a disjointed selling week with Sydney taking Monday off […]