Media Release StockCo and Australian Wool Network (AWN) are pleased to announce an exciting partnership that will provide AWN’s extensive customer base with access to StockCo’s strategic livestock funding solutions. Through entering a distribution agreement, AWN will now be able to offer StockCo’s innovative livestock funding...
More wet weather this week cut cattle yardings in Queensland, and encouraged restockers to return to the market in NSW. At a time of year when prices generally fall, or are steady, we saw a further appreciation in the Eastern Young Cattle Indicator (EYCI), but...
We’ve ticked over the billion-dollar milestone for total value of wool sold this year which is something of an achievement. At this point in the season last year the value was 26% lower than it is today despite the cumulative bales sold being just 10%...
The futures markets are largely quiet, as the northern hemisphere is largely complete for 2017 and seeding progresses for next year. At a local level, it is important to start considering local premiums and how to take advantage of them. This time of year is always...
The Eastern Young Cattle Indicator (EYCI) lifted again this week, recovering a further 3% to see it close at 558.50¢/kg cwt with some good rainfall to much of Queensland providing a bit of a boost. Gains noted too across the East coast for Heavy and...
Last week we spent a couple of articles looking at the interesting price phenomenon that we are currently seeing in lamb markets. Strong prices continued last week, in the face of strong supplies, so today we take a look at the export data to see...
Spring in general, and October, in particular, are known for falling lamb prices. We usually see supply increasing as winter and spring lambs hit the market, pushing all sheep and lamb markets lower. The price rally this week is particularly unusual. This week the Eastern States...
Wool was the hot topic of industry conversation again this week but it wasn’t enough to distract the market from deciding on what fibres it wants to support. Results were particularly mixed with fine fibres attracting premiums whilst the rest of the categories felt losses....
The Australian Bureau of Agricultural Resource Economics and Sciences (ABARES) made an interesting move this week, warning of crop downgrades. Meanwhile the United States Department of Agriculture (USDA) made their monthly predictions. ABARES don’t often flag what they are going to say in their reports, but...
There was a significant jump in yardings this week, but this failed to dampen cattle prices, which continued to rally. In fact, it seems to be rain that is doing the opposite of dampening prices, with prices finding strength, almost across the board. Figure 1 shows...