Sheepmeat exports slide south as supply softens
Australian sheepmeat exports have slowed from their record-setting momentum, as lower supply and subsequent higher domestic pricing have likely started to impact volumes. Meat and Livestock Australia forecast further growth from last year’s record sheepmeat exports in 2025, specifically lamb, in their March industry projection. This could be a different story when they update those […]
RWS prices and premiums for 19 micron
Chinese feedback at the IWTO congress in Lille in May indicated that demand for RWS wool was causing a re-ranking of Merino wool exporting regions in the eyes of the supply chain. The implication was that Australian wool prices would be lower in relation to these other regions. This article looks at South African and […]
You thought prices were hot here….
Cattle prices have been on the rise here in Australia as tightening supply starts to bite. If you thought prices were strong here, a quick look at cattle prices in the US puts our prices into perspective. Despite a small correction last week, US cattle prices are well and truly in the extreme zone. Figure […]
Barley forecast close to a record
Last week we looked at the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) September Crop Report in terms of wheat yields and production forecasts. This week we look at the other ‘big two’ winter crops, barley and canola. The situation with barley and canola is similar to wheat when comparing the June […]