EYCI’s big discount means plenty of room to move
The correlation between the Eastern Young Cattle Indicator (EYCI) and the 90CL US export beef price is primarily driven by our domestic supply and can give us some insight into the ebb and flow of Australian beef prices. While lower US production is also currently playing a role, few comparisons can better highlight the volatility […]
Spring flush on track … for now
It’s that time of year when the spring lambs start to flow. The winter-born lambs are traditionally starting to reach slaughter weights in late October and November, with many coming straight off mum. This year things might pan out a little differently. The ‘spring flush’ plays out differently across the lamb-producing regions of the east […]
Harvest deliveries rising, wheat prices easing
The grain harvest is underway and will move south at pace over the next ten to twelve weeks. Here we look at how the harvest has historically progressed, and how it will start to impact prices if it hasn’t already. Graincorp released their first ‘Harvest Update’ media release last week, and another on Monday, and […]
Wool consumption or production driving changes in supply?
Discussion of wool consumption is something of a chicken and egg conundrum with regards to supply, what comes first, the production or the consumption? With this in mind, let’s take a look at long-term wool consumption. In this analysis consumption data is used where available otherwise production data is used as a proxy for consumption. […]
