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October 2017

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...

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...