Supply shortage sandbag price falls.
With the final full-selling week of January ending, the lamb market continued to find its new equilibrium of supply and demand. Unfortunately for producers, this saw the value of all indicators fall week on week. There was a large reduction in the number of head moving through the yards this week, which helped offset the […]
Trade flows on the move?
The news this week has been dominated by the incoming 47th US President. For those waiting for a sign of things to come, didn’t have to wait long. Aside from reinstating TikTok and changing the name of the Gulf of Mexico to the Gulf of America, the new President has made good on his promise […]
Shear stability despite currency fluctuations
The Australian wool market maintained its stability this week, with results underscoring the market’s sensitivity to currency movements. The initial price increase (like we saw last week) was driven primarily by the Aussie dollar’s depreciation against the greenback (USD), not by any significant surge in demand. This currency weakness boosted the attractiveness of Australian wool […]
Producers flood the market
A hot start to the year has cattle swarming the yards but despite strong fundamentals for the cattle industry this season, immense supply all at once overwhelmed the market this week. Last week east coast yardings eclipsed 90K head and preliminary figures have this week’s number at just under 88k head. It’s been an unprecedented […]
