US plantings respond to price
The latest United States Department of Agriculture (USDA) World Agricultural Supply and Demand Estimates (WASDE) report was released last week, but being at the end of the cycle, very little has changed. It is a new crop the market is now interested in, and the USDA Prospective Plantings report can give an idea of where […]
Monster March for lamb exports
As our domestic lamb market heads into two weeks with public holidays – and hopefully some more widespread autumn moisture not long after that – the volatility of global markets has yet to impact demand. A record volume of Australian lamb was exported for the month of March, which was also the third-highest volume recorded […]
A snapshot of US beef
US tariffs and trade are constantly in the news, and beef being one of the most important commodities Australia exports to the US, there is suddenly a strong interest in the US cattle and beef industry and trade data. Here we give a snapshot of the US beef production, consumption, and trade. The US beef […]
Deciles look backwards not forwards
Deciles (percentiles) analysis of price data is useful as a way to identify the middle or median price and provide some estimates of the probability of high and low prices occurring, using the historical data. The leap of faith is that the selected historical data is a guide to the future. This article takes a […]