Tighter clips and tough conditions define 2025 wool season.
Now that the season has come to an end and as the annual three-week recess begins, it’s an ideal time to reflect on the 2024–25 wool season. Limited wool volumes, firm grower pricing, and selective buyer appetite defined trading conditions in domestic and export markets. AWEX reported 1,541,414 bales offered, down 13.4% year-on-year and well […]
US herd a bigger barrier than 10 or 20%?
The Australian tariff into the US remains at 10%. Whether the additional import restrictions being lifted by the Australian government contributed to this, we will likely never know. What we do know is that the beef fundamentals in the US continue to provide significant barriers for participation in the Australian market, even with the slashing […]
Market makes moves on mutton and merinos.
The sheep and lamb market gave a strong indication that demand from outside the processing sector is strengthening now that we’ve turned into the home stretch towards spring grass growth. More record prices were achieved in the saleyards, this time for both mutton and Merino lambs, and the online sheep indicator continues its meteoric rise. […]
Wheat is riding seasonal lows
Wheat prices have remained under pressure for the week as harvest progress and improving weather continues to build expectations of an oversupply of wheat. The fall in wheat coincided with falls in corn and soybeans as favourable weather in the US Midwest fuels optimism of bumper yields. Reuters analysts pointed out improved crop conditions in […]