29 May End of quarter surge in live sheep exports
Key points:During January and February flows to Qatar and Kuwait were 31% and 54% below trend. Australian live sheep export flows to Kuwait for March increased to 58,864 head...
Market Intel
28 May Positive note short-lived
The modest gains posted last week proved short-lived. The opening day in Melbourne provided some optimism but the market was unable to maintain the early price improvement to eventually end...
27 May One market two periods.
The grains industry has been fully focused on barley this week. This is hardly surprising considering the enormity of the impact of the Chinese import tariff. In this week's comment,...
26 May Waning supply keeping prices steady
It seems to be steady as she goes for lamb and mutton prices at the moment, with declining supplies translating into solid support for prices. This week mutton and restocker...
25 May Offshore markets and supply provide support
Some good weekly price gains were noted for the MLA CV-19 cattle indicators this week as a continued situation of tight domestic supply and improved offshore markets underpin local sales.East...
22 May Who let the dogs out?
Key PointsThere are 5.1 million dogs in Australia. One for every 4.9 people. The theoretical dog food demand is 451kmt. This comprises 135kmt meat, 142kmt cereals and 142kmt animal...
21 May Some positive signs amid the turmoil
The last week has seen some good news on the export front, with increasing volume to China, and some bad news, with the suspension of some plants. The news from...
20 May Market takes a breather
After four weeks of losses and continuing uncertainty as to the full impact of the COVID-19 effect on the wool supply chain, this week the market settled posting modest gains....
19 May Supply dearth provides support
Key supply metrics remain below their normal seasonal range for lamb and sheep markets. The tight supply has provided a lift in prices for all Covid19 reported indicators from Meat...
18 May Whilst some work with ambiguity the market has direction (unfortunately)
Key Points The world is slowly creeping out of isolation and there is still a large degree of uncertainty about the road ahead. Will there be a second wave? Will the...