Mutton market maintains momentum
Total sheep and lamb saleyard throughput fell this week, and so did most price indicators, as plenty of supply, proximity to holiday processor shutdowns, and the arrival of summer put pressure on the market. Mutton was the odd one out, with about 15,000 fewer sheep through the indicator giving it a bump upwards, and there […]
Wool prices warm as summer arrives
The market moved higher this week, with the Eastern Market Indicator gaining 17¢ to 1521¢/kg clean, while the Western Market Indicator lifted 11¢ to 1676¢. Supply eased to 35,335 bales offered and 33,532 sold, with a low 5.1% pass-in rate helping support prices. The Australian dollar hovered around US 65.8¢ during the week, and the […]
Price pressure as production picks up
A week or so ago, I wrote how ‘big crops get bigger’. True to form, the trend continues. This week, StatsCan updated their production data and revealed what the trade and the farmer all knew — the 2025 crop was a record. StatsCan reported a record canola crop of 21.8mmt, 2.56mmt more than last year’s […]