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April 2017

Three short weeks in a row will play havoc with any market.   In livestock it seems to be even worse.  Some saleyards are closed, others selling two weeks’ worth of stock and processors need fewer cattle.  Prices are similarly disrupted, but we’ve only a week...

The Chicago wheat market found a bit of strength this week on the back of some less than ideal sowing weather.  This sees spring crop going in late, and the spectre of some areas not getting in at all.  All this despite another relatively bearish...

A short week due to the Easter holidays and young cattle prices took a small breather as east coast slaughter figures trek sideways. The Eastern Young Cattle Indicator, marginally softer to close yesterday at 660.75¢/kg cwt, 6¢ softer than this time last week. Figure 1...

Key points:Analysis of annual rainfall deciles over the last century shows that the chance of back to back wet seasons lasting longer than two years is uncommon The most recent transition from a wetter than normal to a drier than normal period was over...

There is a theory around that the upcoming public holidays and subsequent disruptions to sales and lamb supply has been pushing processors to buy up in markets to secure supply.  However, if Meat and Livestock Australia’s most recent projections are to be believed there might...