Trump wielding tariffs like a conductor’s baton
The first few weeks of the new Trump administration have not failed to disappoint. In the commodity space, the blunt force of tariff threats had the desired effect with the quick submission of the Governments of Canada and Mexico on the issue of border security. The end result has seen commodity markets rebound as the […]
Shorn sheep surcharge
Supply lifted on the week prior for both lamb and sheep, which weighed slightly on the value of the indicators. Isolated rain fell on the southeast coast, with significant rain on the northern third, which has caused flooding. Quality is making the movements within indicators quite erratic, with not all buyers operating despite being present […]
The market continues positive start to 2025
This week’s market continued to show stronger prices despite the increased bales on offer as sellers responded to the rising market. The Eastern Market Indicator (EMI) recorded a 15¢ rise on Tuesday and added a further 8¢ lift on the final day to close at 1215 cents. This places the EMI at its highest closing […]
Grassroot gains slow the slide
The toll of supply continues to weigh on cattle values at auctions across the country. While conditions may be good in much of the northeast, when it’s time to go, the cattle shall go. Feedlots have got their pick of cattle at ideal weights coming out of northern NSW and southern QLD. The rain event […]