Lamb market kicks off autumn with mixed signals
First week of autumn saw slight fluctuations in the value of the majority of indicators, yardings retreated, as did some of the buyer’s demand according to major selling yard reports. As southern Queensland and northern NSW bunker down in preparation for cyclone Alfred, the rest of the eastern seaboard is forecasted to get some rain […]
Market dips as we wait for weather
The cattle market has been headed in only one direction this week, and that is down. All the major indicators lost ground as yardings, and slaughter remain elevated as many areas eagerly await the end of a dry summer – which for some is likely on its way with the current weather event. Slaughter numbers […]
The art of the deal
Another tumultuous week in wheat – and indeed commodities and stocks as a whole. President Trump rolled out 25% broad-based tariffs on Canada and Mexico this week, which has caused global commodity markets to swiftly reverse and saw the S&P stock market erase all the gains it had made since Trump’s inauguration. Targeted countries are […]
Wonder week for wool
With much lower supply already flagged last week for the wool market, prospects looked favourable heading in. The result exceeded expectations with all micron categories improving week on week and the Eastern Market Indicator (EMI) jumping 30¢ to 1225¢/kg, it’s highest value since May 2023. A 22% decline in the offering was just what the […]