Sheep and lamb offtakes looking for spring rainfall
The latest Australian Wool Forecasting Committee report reinforces the point that the Australian sheep flock is shrinking. This article takes a look at sheep and lamb sales to abattoirs to help assess the rate of shrinkage in sheep numbers. Sheep and lamb sales to abattoirs over a period of a year provide a view on […]
Still plenty of time for yield variation
While we await the ABARES September crop report for an update on expected yields from the coming harvest, we can get an idea from the CSIRO’s Wheatcast forecast. Wheatcast yields are updated every two weeks and are a valuable tool for those looking at potential production. ‘Wheatcast’ is a yield forecasting service developed by the […]
Southern FSR tells tale of sorry season
For anyone watching the weekly slaughter report, it will come as no surprise that the cattle kill rose in the March to June quarter this year. A quarterly record for beef production was set, and the Female Slaughter Rate rose to levels we’ve only seen in one period over the past two decades. Looking back […]
First shot at pricing spring lamb
There is nothing like a price spike to bring lamb forward prices and contracts into focus. Whether the winter lamb price rally is a spike or a move to new levels is yet to be seen, but forward prices suggest it might be a bit of both. With lamb supply tightening significantly over winter, and […]