Aussie beef moves to more markets as quotas fill up
Australian beef currently remains exempt from Trump’s latest US tariff announcement, with the tariff free agreement confirmed late last year continuing to stand. Australia’s biggest competitor when it comes to the US beef trade, Brazil, has also managed to avoid any new tariff on their beef, as new figures show the American cattle herd is […]
Canola fundamental boosted by oil
The conflict in the Middle East continues to drive volatility in oil markets, and last week it added some impetus for higher canola prices. Early this week however, we’ve seen prices decline, but the fundamentals of tighter supply remain. Fuel prices have been on the rise at the bowser, driven by a return to hostilities […]
Spring lambs weight spreads
A few weeks ago, we looked the discount heavy lambs are currently subject to compared to trade lambs. A query we had this week was whether there is historical data suggesting this discount will disappear in the spring. For this we must go back through the data. Firstly, it is unusual to see heavy lambs […]