Winter chill weighs on cattle weights
There was very little movement in the cattle market this week, with winter weather now impacting the quality of stock available. This saw processors shift their attention towards cows and away from heavy and trade type cattle, as variations were likely to be less pronounced. Throughput has fallen slightly as expected but remains historically high. […]
Volumes remain modest, but dollar help could be on the way?
The wool market has maintained its steady start to the new selling season, posting its second consecutive weekly rise. The Eastern Market Indicator (EMI) closed 4 cents higher at 1212 cents per kilogram. Volumes remained modest, with 29,275 bales offered nationally, of which 26,943 found buyers. The national pass-in rate edged up slightly to 8.0 […]
Onwards and upwards except for supply
High tide marks get higher as buyers are not keen to miss out on the big boy lambs still around. Its good going for those that still have them, but indicators are still performing strongly for lighter lambs. The Eastern States Trade Lamb Indicator (ESTLI) jumped 92¢ to 1171¢/kg cwt. With trade lambs rapidly approaching […]
Trump trade waves
Amid all the fighting and bomb dropping recently, the trade dispute issue had taken a back seat. Well fear no longer. Monday night, the US President issued another round of tariff’ and plenty of threats of further levies to come if he didn’t see some action on improved US trade access. Japan and South Korea […]