Tariffs, trade and fundamentals collide
This week’s ag commodity news remains dominated by familiar themes, soft prices, ongoing Northern Hemisphere harvest and improving US crop conditions, all underpinned by lacklustre demand. However, tariffs and trade dynamics are once again shaking up the narrative, creat-ing fresh uncertainty for global markets. The August 1st deadline for new trade agreements has passed. While […]
Roma store demand shoots restocker heifers higher
The young cattle market held fully firm to slightly stronger this week, with the cow price the only indicator to lose some ground. The restocker heifer market made the biggest gains nationally as producers set their sights on spring, while yardings made back up all the numbers lost last week and then some. Last week’s […]
Demand still outpacing supply as restockers up the ante
After the big drop in throughput last week yardings rebounded but demand looks to be outpacing supply again as restockers are paying $1 more a kilo this week for lambs. After a month of decent rainfall but scarce supply saleyards have been on the lookout for more stock. Restockers looking ahead and processors focusing on […]