Grains & Oilseeds
Put another rail on the bull pen
It is not uncommon at this time of year, that the commodity market starts to focus on (northern hemisphere) weather. We generally see this a
Nick Booth
April 23, 2021
It is not uncommon at this time of year, that the commodity market starts to focus on (northern hemisphere) weather. We generally see this a
As expected, we saw another week where the EYCI rose to a new record high of 910.25¢/ kg cwt on Tuesday, but it couldn’t quite
Lambs and sheep poured into yards last week in the east, with total throughput at levels rarely seen in April. Supply continued to pressure the
The strength of the market this week again can be sheeted home to the finer microns which dragged along the rest of the market to
Another week of extraordinarily tight supply has sent the Eastern Young Cattle Indicator (EYCI) surging to an all-time record high of 907¢/kg cwt, mostly driven
The wheat market is in a tug of war between tightening old crop stocks and new season supply. The USDA released their April stocks report
As nice as weeks of extremely tight supply are for price, they don’t last forever. Higher flows of lamb and sheep to the yards has
It was a similar story to what we have seen for much of the past 12 months in the wool market this week, with fine
Coming out of Easter this week, the Eastern Young Cattle Indicator (EYCI) held its ground, still supported by tight supply stemming from continued low yardings
Short selling weeks tend to generate havoc in livestock markets, especially when it causes already tight supply to get tighter. But while much of the
The news to finish last week was the somewhat surprising USDA stocks and acreage report. Could it be the US farmer is playing a game
The combination of the recent east coast downpour, transport challenges and the upcoming Easter break has seen yardings plummet for the week ending 26th March
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The rain driven rapid rise in young cattle prices at saleyard level should translate quickly into higher export feeder cattle prices.
The rain driven rapid rise in young cattle prices at saleyard level should translate quickly into higher export feeder cattle prices.
The rain driven rapid rise in young cattle prices at saleyard level should translate quickly into higher export feeder cattle prices.
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