Export support for Aussie cow price
Our favourite beef export price gauge has maintained its record run so far this year, driven by less lean beef supply in the US and a falling Australian dollar. The 90CL – the US imported lean beef price indicator – broke the AUS$10/kg mark for the first time in December and had reached $10.60/kg by […]
Merino wool price cycles
Merino (and crossbred) wool prices appear to be working through the bottom of a price cycle, driven by weak economic conditions in Europe and China in particular. Some multiyear forward prices are being offered to wool growers, so it seems a good time to look at the potential for higher prices in the next two […]
Mutton supply following an 18-year-old trend
Sheep and lambs continue to flow into saleyards and processors as we move through summer. Continued dry conditions through key southern sheep zones appear to be driving the strong turnoff. Here, we delve into the past to find when supplies might tighten. We know that Western Australia has been in flock liquidation mode for some […]
Waiting for volatility
With all the talk of tariffs and trade disruptions, grain prices have remained remarkably steady. Canola has been volatile, but it has been like a yo-yo for six months or more. Now that we are well and truly in the post-harvest period, we’ll take another look at pricing. Around a month ago, we looked at […]
