Restockers and lotfeeders look for new season lambs
With the start of spring only a weekend away, restockers pushed select categories higher this week, while processor prices eased. Yardings also took a tumble, with 35,000 fewer lambs and 7,000 fewer sheep on offer over the past week, after slaughter rose for the week prior. Weather conditions will have been challenging for many in […]
Wool market rally stretches to six weeks
The Australian wool market posted a sixth consecutive weekly rise, continuing the strong start to the 2025–26 season. The Eastern Market Indicator lifted 14¢ to 1,261¢. In US dollar terms, the EMI also rose 14¢ to 818, showing the gains were not simply currency driven. The pass-in rate fell to 5.4% from a national offering […]
Wheat stuck in neutral as Global Trade begins to shift
Wheat prices have continued to trend sideways over the past week. A solid export program out of the US and slow Russian exports have enabled FOB and flat cash prices to remain steady. The US is the cheapest origin at the moment and is seizing much of the importer interest. Russian FOB values remain elevated […]
Young cattle tick higher as rain holds some stock back
The Eastern Young Cattle Indicator (EYCI) continues to track higher, lifting 22¢ to 894¢/kg cwt, reflecting the recent strength of feeder and restocker demand. Per MLA saleyard reports, southern operators pushed cull cows higher in Roma, and restocker and feeder buyers were keen in Dalby. A large yarding in Dubbo didn’t scare feeder buyers off […]