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April 2018

The wheat market has regained some of its strength on the back of fundamentals. This is great timing as we start to plant the crop for the coming season. In this week’s comment, we look at the SRW/HRW spread and the iron ore market.The wheat...

This week according to AWEX the wool market was “striding forward without retreat’. Despite the obvious military connotations, it’s not a bad description. Not only were buyers bidding higher for the “better spec’s” wool types, the strong demand was observed across the board. After last week...

Lamb markets had their usual reaction when prices fall heavily, supply contracted as producers looked for alternatives to selling. Not all prices steadied though, with restocker lambs taking a hit and now looking very cheap. Finished lamb supply tightened, but it seems unfinished lambs kept coming....

At a time when the live sheep export trade is making headlines for all the wrong reasons the big brother of the industry is quietly getting on with the job. Live cattle exports make up the lion’s share of the total trade out of Australia,...

Sales resumed following the Easter break with the largest offering for the season requiring Melbourne to sell over three days. 54,409 bales were offered with 51,066 sold, well above the weekly average of 41,000 bales sold for this season. Despite the increased offering, the Eastern Market...