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July 2018

The wool market has now closed for the annual 3-week winter recess, and all industry players would have been pleased with the final sales.A solid and well supported market leading into a break provides all with confidence, especially wool exporters travelling overseas to visit mills...

A relatively downbeat week in the grain trade, with the world watching and waiting for the next big driver of pricing. The big data release for the week was the USDA world agriculture supply and demand estimates.There has been a high degree of volatility in...

Cattle slaughter remained relatively strong in June, and this flowed through to export, which, while being down on May were still at their second highest level for the year. China maintained it’s very strong demand for frozen beef, helping keep export prices elevated despite cheaper...

After the big spike in lamb prices last week the market steadied. There was plenty of talk about the high prices making things hard for processors, but lamb and sheep slaughter still managed to remain at or above last year’s levels. Figure 1 shows weekly lamb...

The wool market lurched into F19 with an overhang of wool producer’s bales looking to swing income from F18 to F19. If the plan was to reduce tax payable, the market assisted and pulled the market back in all centres and on both days. By the...