Upswing on the canola-coaster

Canola plant in flower

It was back in October when canola charts started to look like a rollercoaster, and it has not let down the thrill seekers. The latest instalment has seen a very strong upswing in canola futures values, with some response from local markets still to come. It’s becoming increasingly difficult to keep up with movements in […]

Beef exports continue record run

US cattle

The first week of April brought with it big changes in global trade, instigated in the first instance by new tariffs from the US and escalated by retaliatory tariffs from some of their trading partners. But for now, Australian beef exports remained historically high in March. America remained Australia’s largest customer by volume with 30% […]

Queensland sheep and wool numbers

Sheep

Given the massive flooding in Queensland, the natural question is what impact will this have on livestock supply, and consequently prices? This article takes a look at sheep numbers and wool production in Queensland. In terms of sheep, it is some decades since Queensland had tens of millions of sheep. In mid-January (read article here […]

Black Swans taking shine off mutton rise?

Standard livestock market analysis centres around supply, with shifts in demand usually gradual, and rarely to the downside. The odd ‘Black Swan’ event can see demand or supply undergo more sudden movements and cause rapid shifts. It feels like we are seeing potential ‘Black Swans’ every week at the moment. Last week’s ‘Liberation Day’ tariffs […]