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February 2020

Weekly yarding levels continue to contract and processors are responding to higher lamb and sheep prices with reduced slaughter volumes. High prices this early in the season are putting meatworks on notice that the seasonal winter peaks in lamb and sheep prices could reach historic...

Sheep and lamb markets continued to boom this week, with supply tight and demand apparently remaining strong. There is serious support from restockers, who appear to be driving the rise, as grass grows and mouths are sought. Figure 1 shows in part what is driving the...

The wool market is navigating a succession of head winds at the moment. Coronavirus (now named Covid-19) and increased tariffs by the US on Chinese garments are two major negatives that have emerged in the past 6 months. The explanation for the underpinning of the...