Flock declines, but still fuller than first thought
Despite poor seasonal conditions for much of 2025 in a large number of sheep-producing areas, Meat and Livestock Australia has revised this year’s flock numbers higher than the first forecast back in March. The latest sheep industry projections, released earlier this month, still have the sheep flock, as well as sheep and lamb slaughter, declining […]
Hay drift slowing
We’ve been following the hay market for a couple of months now, since prices peaked at the end of winter. The slide in hay prices has continued into October, but it has slowed, and now there are reports of crops being cut for hay as the dry October bites. The continued slide in hay prices […]
What could you be buying instead? Cattle?
You can’t watch free-to-air television these days without seeing an advertisement for an online gambling company. These ads are always accompanied by a warning on the dangers of gambling. Trading cattle should probably come with such a warning, as we’ve seen some value stripped out of the market recently, but this might just be an […]
Economic backdrop to the greasy wool market
With the rise in wool prices in the past month, a logical question is how much of the rise is due to improved demand and how much is due to restricted supply? This article takes a look at the economic backdrop to the market, in effect, the demand side of the market. Wool production has […]