Words can hurt
Wheat markets have been relatively quiet this week. The unrest in the Black Sea barely rates a mention anymore, the Middle East seems to be sorting itself out, the Northern Hemisphere crop is all but in the bin, so now we wait for Australian and Argentinian crops to come in. The Australian crop has a […]
Market moves focus as we wait for the weather
With substantial rainfall on the radar and the holiday season right around the corner, the focus of the cattle market has swung away from finished cattle and towards feeders and restockers. Slaughter numbers are still very strong, but yardings backed off a bit week-on-week as some producers no doubt thought they’d wait a week to […]
Here comes the rain again
Spring is coming to an end, but the consequences of the dry southern winter continue to drive the market. The search for weight is creating premiums but will southern rain drum up some interest for the other articles as we approach the end of the year? Merino lambs have missed the boat of the firmer […]
Fine wool shines amid currency slide
Currency played in the favour of wool buyers this week as weakness in the Australian dollar made the purchase price look more attractive to those overseas. Fine and mid-micron segments of the market have now returned to levels not seen since June in local terms. The Eastern Market Indicator lifted 7¢ on the week to […]
