Water adds confidence to cattle
Much like many paddocks across Australia after recent rains, the national cattle indicators are a sea of green. All categories rose from the previous week (bar the restocker yearling heifer), as well as being up from four weeks ago and of course year-on-year. And this was on the back of yardings and slaughter actually increasing. […]
Return to normal volumes boost prices
The Wool market rose again this week by 51¢ taking the EMI to 1767¢. Supply this week was lower after the previous weeks return sale from Lunar new year break. The result was significant price improvement across the board as buyers scrambled to secure stock and pass in rates dropped dramatically to just 2.1%. This […]
Rain boosts price, light lambs miss out
Supply side support came from some much-needed rainfall but conflict in the Middle East did impact demand side intentions. The result was a mixed bag of higher trade and heavy lamb prices and a decline in the light lamb market. The conflict in the Middle East presents some unique challenges for the lamb and sheep […]