Yards still full of NSW cows
The cattle sell-off kept on keeping on this week with national yardings dipping ever so slightly from last week to the second-highest level for 2026 so far. As expected in last week’s cattle wrap up, little happened this week to slow the flow out of NSW in particular, with Meat & Livestock Australia confirming today […]
Slaughter numbers back from break weaker?
It’s been a dry second half of April across the eastern sheep regions, and the post easter slaughter numbers are lower than when we entered the easter break. Lower supply this week was not enough to halt declining lamb indicators. The market saw double digit declines across all Indicators (Table 2). Heavy lambs were the […]
Drop off in supply sends market higher
The Eastern market indicator rose for the third week in a row, up 70¢ to 1895¢ after a large decrease in bales offered, down from 44,765 to 33,666, a decrease of 24.8% week on week. The decrease in bales offered kept the pass in rate relatively flat, to 2.8% this week. 32,722 bales were sold […]
Global forecasts for wheat tightening
As has become typical in this “new normal,” markets swung through another week of diametrically opposite headlines. Some of that volatility can be traced back to the ever-changing rhetoric out of the White House — the “Strait is open, no it’s closed” narrative feels almost theatrical. For now, though, wheat is taking its cues from […]