Sheepmeat exports keep ahead of shortening supply
More tariffs and quota changes are popping up, so let’s reassess the red meat export outlook and its impact on the domestic livestock markets. As we discussed last week, Australian beef headed to the US remains tariff-free for the time being, however sheepmeat hasn’t been so lucky. The latest round of tariffs out of America […]
Wheat exports running strong
Part of the campaign on tariffs from the US over the past 18 months has been to help encourage trading partners to take more US produce. One of the deals which may concern wheat producers here is the Indonesian wheat deal. Indonesia is a major importer of wheat which is used in both human and […]
A bit of applied futures theory
The latest Bureau of Meteorology (BOM) three months outlook points towards a weaker chance of a wet spring. This doesn’t mean that we’ll be in drought by October, but it’s worth looking at the probabilities and applying some futures pricing theory to cattle indicators. It is important that readers don’t take figure 1 on face […]