Spring has sprung
Supply is creeping higher, but markets bounced back this week. The first few batches of new season lambs have been variable, and the market response has followed suit, indicating there might be a wide range for price to head now that spring has sprung. Trade lamb throughput was even week on week, but demand improved […]
NSW competition boosts young cattle price
The Eastern Young Cattle Indicator has reached its highest figure in 2025 so far this week, just shy of 900¢/kg. In fact, it is the highest the indicator has been since 2022 and is now averaging 717¢/kg for the year – again, the strongest level since 2022. This comes as Meat & Livestock’s latest industry […]
Beijing meeting underscores shifting global trade power
After making small, incremental steps forward in the past couple of weeks, the wheat market capitulated under the weight of supply numbers and poor demand signals. Corn and beans also felt the weight of stalled trade talks between China and the US, dragging the entire ag commodity complex with them. As far as the Northern […]
Wool’s win streak continues to the 7th week
The wool market extended its early-season rally this week, with the EMI rising 30¢ to 1,291¢/kg clean. In US dollar terms, the benchmark added 24¢, sitting 200¢ above the same week last year. The national catalogue was just 29,594 bales, with 27,583 sold and only 2.8% passed in, highlighting strong competition in a market constrained […]