Demand takes a dip, heavier yearlings handle the heat
Temperatures are rising but for the most part, demand was slightly cooler this week. Preference and premiums for heavier stock are persisting, but it’s clear that lighter stock at the yards is selling in the buyers’ favour, which contributed to young cattle price declines outpacing the rest of the market this week. At a national […]
Will policy match the rhetoric?
Seems the bookies were right. Not for the Cup – they couldn’t have been further away – but for the US Election. Perhaps the only surprise is that it was never close, with Trump winning the electoral college count and the popular count by several million ballots. Now the Republicans have control of the Senate […]
Southern supply begins to gallop
All price indicators lost value week on week for the first selling week of November, despite steady total saleyard throughput. Lamb numbers are beginning to pick up in southern saleyards as the late season begins to hit its stride. Just like the grain harvest currently underway, the season starts in the north and creeps south […]
Managed supply lifts wool market
The wool market this week improved across the board, although 17.5 MPG and finer in Sydney posted minor losses. AWI report that the supply of wool to auction is being “managed” extremely well to match the current demand. Bidding from local export traders dominated the wool sale, resulting in a decrease in the pass-in rate […]
