Broad merino price, volume and price ratio
Greasy wool prices have increased markedly this season, in the absence of any substantial improvement in macroeconomic indicators or major apparel fibre prices, the usual proxies for demand. This article takes a look at the epicentre of falling Australian wool production in the 20–22 micron range, in terms of supply, price, and the price ratio […]
Rebuild ready despite high herd
Producer sentiment has lifted to its highest point in the beef industry since Meat & Livestock Australia began using a national survey to gauge the sector’s temperature around three years ago. The Beef Producer’s Intentions Survey (BPIS) was conducted in November, with results released last week. It found that of the 3,000 grassfed beef producers […]
Export demand driving lamb prices
It’s no secret that export demand for lamb has been the driver of the record pricing of the last six months. Globally, red meat is in short supply, and lamb is part of that complex. This article looks at exports in 2025, and how we’ve opened 2026. Despite the extremely tight lamb supply through the […]
Aussie dollar jump and impact on grain
The Australian dollar relative to the US dollar has lifted to levels not seen since early 2023, and not sustained since early 2022. We all know a rising Aussie dollar is negative for grain prices, making our grain more expensive relative to US grain in export markets. Here, we put some context around the impact […]