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November 2018

A rebound in lamb yarding levels along the East coast was noted this week as the sales program returns to normal post the Victorian Spring Carnival events. The increased supply is weighing on prices marginally, despite the support offered by some reasonable rain to the...

Last week we reported the market managed to find a point to stabilise and post a modest rise. It was a different story this week, with a strong market evident from the outset and all categories participating. Buyers seemed to blink first and they bid up...

The USA was closed on Thursday for thanksgiving celebrations. This meant that the market was relatively quiet ahead of the holiday, so the focus on this week’s market comment will be on the local market.  The ASX wheat futures market started the week in the...

Cattle slaughter has been on the rise, but it was no match for a rainfall led price rally this week.  Despite this, the Eastern Young Cattle Indicator (EYCI) remains below the same time last year, though there are still some indicators that are beating their...

Cattle price movements across eastern states sale yards are a little mixed this week as throughput levels return to seasonal norms and the Bureau of Meteorology (BOM) release their mid-month climate forecast.The rainfall outlook for December, released by the BOM yesterday, shows wetter than average...

Despite this week’s offering being the largest we have seen in a long time, the market managed to find a point to stabilise from the incessant falls. Sydney saw support for the broader microns, Melbourne found strength in the finer microns and mid fibres performed...