Local supply issues causing a spread
In the midst of a conflict driven fuel crisis, and the wide-ranging impacts on the supply chain and logistics the cattle market has remained relatively stoic. If anything, young cattle prices have rallied, with rainfall seemingly trumping uncertainty. The widespread rainfall and flooding through northern and central Australia, along with the Riverina has seen some […]
Waiting for oil to boost local values
Rising oil prices have boosted grain and oilseed prices, as the link with biofuel drags cereals from their lows. Growers sitting on old season grain are still waiting for the higher international prices to flow through to local values. On Monday morning, Brent Crude Oil hit another high of $105/barrel. While all the focus has […]
Crossbred RWS premiums and volumes
Crossbred prices have, in the past year, recovered a lot of the price lost in 2019-2023 in both Australian and US dollar terms. On top of these price rises, premiums for RWS accredited wool have also rebounded, which is what this article looks at. As crossbred wool prices plunged to depressed price levels in the […]