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May 2018

In the commentary last week, we noted that demand for lamb and sheep was keeping sale yard prices supported. Alas, it seems that supply has got the upper hand this week with East coast prices broadly softer. The Eastern States Trade Lamb Indicator (ESTLI) off...

We recently had a query as to whether there was much seasonality in New Zealand lamb slaughter.  We have covered this before, but given New Zealand are our only major competitor in lamb export markets, it’s worth another look.Australian lamb slaughter has some seasonality, with...

The wool market set another record this week, it is looking settled at these previously un-attained price levels. Probably another record was set when wool producers in the Sydney catalogue sold 99.9% of bales offered in the first day. Growers are enjoying this market!After last...

The weather continues to be the biggest driver of the market both globally and now increasingly at a local level. The Australian crop is currently on the precipice, with a huge degree of risk currently being priced in. In this weekly comment, I take a...