SPIS shows less lambs left over
New data released in the past week from the Australian Bureau of Statistics and Meat and Livestock Australia/Australian Wool Innovation offers insight into how lamb throughput is tracking and what we might still have to come. All staying equal with demand, the supply equations the data suggests will be what dictates market movements most as […]
Productivity gains thwarting old benchmarks
The Australian Bureau of Statistics (ABS) released its quarterly Livestock Products report last week, and the cattle industry has been setting new records. It appears improved productivity is throwing old benchmarks out the window, with high slaughter and herd growth continuing apace. For a look at some of the records achieved by the cattle and […]
Hay and harvest week six
Harvest is slow in the east, while in the west, headers are going hard, but there is still some way to go. Hay prices seem to have found a level, while wheat is defying harvest pressure in the east. Moisture is not great for harvest, and intermittent rain continues to slow progress up and down […]
Weekly offerings and the EMI
Commentary on the greasy wool market often revolves around the volume of wool offered for sale in Australia, and a recent question to Mecardo asked specifically about the possible effects on price of low offerings in the lead-up to the Christmas recess. This article takes a look at the relationship between weekly offer volumes and […]