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September 2018

‘A big crop gets bigger and a small crop gets smaller’. This seems to be an apt statement to apply to this year’s Australian production. Continued concerns in the east coast & now in WA have led to more positive price action in the past...

Cattle markets managed to edge higher this week, despite stronger supply. The Eastern Young Cattle Indicator (EYCI) moved back above 500¢ and within a tick of the price this time last year. It’s the spreads in restocker values we are interested in this week though. Figure...

Coles and Woolies are already sprucing new spring lambs on their shelves, and we can see where they’re coming from with rising yarding levels in the south telling us the spring flush is making its move. This has already begun to take its effect on...

The AWEX report captured the wool market sentiment this week – it “crept up.” On the first day of sales the EMI pushed close to the 2,100-cent level, before easing slightly on the final day, but in the end, it had regained the minor fall...

Lamb markets continued to tank this week. It shouldn’t really come as a surprise, with the previous 850¢+ levels clearly unsustainable. Interestingly, over the hooks prices rallied, with saleyards and direct prices converging.All lamb prices were smashed this week. The east coast indicators finished Thursday...

The Eastern States Trade Lamb Indicator (ESTLI) eased this week despite declining supply at the saleyard and low slaughter figures, suggesting softening demand. In contrast, mutton prices have managed to gain ground despite stubbornly high throughput numbers for the last month and very much above...

Despite more upside for the Eastern Young Cattle Indicator (EYCI) it, along with restocker markets, are still languishing behind last year’s levels. The same can’t be said for finished cattle markets, which have moved well ahead of the same time last year.The EYCI managed a...