Softer supply on the run to Australia day boosts market
Tighter supply and public holiday shutdowns have incentivised buyers to push the market higher this week. With all lamb categories now averaging higher than$10/kg carcase weight and numbers lagging to begin the year the market looks to be very reactive to stock on hand. The Eastern States Trade Lamb Indicator (ESTLI), improved 27¢ to 1086¢/kg […]
Interesting Times
“May you live in interesting times” is a phrase often attributed to a 19th-century House of Commons speech. While it reads like a vague blessing, it’s more a tongue-in-cheek curse, wishing the recipient anything but calm and stability. Judging by the political upheaval of late, we’re certainly living in “interesting times”… The biggest story this […]
Merino momentum holds the high ground
This week wool market continued its vigorous upward trajectory with the Eastern Market Indicator climbing 41¢ to finish the week at 1,689 ¢/kg. This result represents a lift of 148 ¢/kg since the start of the 2026 selling year for a year to date increase of 9.6%. Supply volumes rose, as 43,497 bales were offered […]