Prices improve again as supply begins to ramp up
New season lambs continue to creep to the yards, and buyers are beginning to ramp up competition. Supply in the south is starting to ratchet higher as lamb throughput increases 11% week on week to 228k head through the yards. More important was the presence of weight and quality in Victoria this week, which pushed […]
Markets on the sidelines ahead of USDA report
The market is holding its breath as it eagerly awaits the release of the first USDA report in over 40 days. The US Government shutdown has held up key stocks and trade data, leaving many in the trade relatively blind. Soybeans are the commodity that is being closely watched. It is caught between underlying yield […]
More green shoots for wool
The wool market posted strong results this week, marking two consecutive weeks in the green, with the Eastern Market Indicator rising 39c to 1458c. After a volatile October, the past fortnight has shown clear green shoots of renewed confidence, with buyer appetite returning as supply in key Merino combing categories tightens. Supply remained manageable at […]
Buyers face off as market climb continues
Cattle yardings jumped significantly this week across all categories on the back of positive price signals, but demand held up, with most indicators climbing higher still. The Eastern Young Cattle Indicator reached its highest year-on-year premium for 2025 so far, while restocker yearling heifers are now 60¢/kg more than they were four weeks ago. There […]