31 Mar The grain must flow
Key PointsLast week the Australian dollar was the major discussion point. The dollar floated like a lead balloon to lows of 55¢, the lowest level since 2001. This meant that...
Market Intel
30 Mar Wool has a steady week
Following last weeks drama, the wool market found support and when all is considered, performed well. The finer microns led the way with buyers keen to purchase in the wake...
27 Mar Feeder Steer Forecasting
Key points An annual average National Heavy Steer price of 335¢/kg lwt during 2020 would suggest forecast National Feeder Steer price of around 385¢/kg lwt, provided grain prices continue to...
26 Mar Ovines succumb to Covid19 concern
Early March saw an increase in throughput as sheep producers responded to record prices but in recent weeks levels have softened. No sign of processors looking to increase slaughter volumes...
25 Mar Supply up on Covid concerns
The stellar run for the Eastern Young Cattle Indicator (EYCI) came to a halt this week, with increased yardings forcing the EYCI lower. What wasn’t taken into account, however, was...
24 Mar Wheat futures rally to extreme levels (in A$ terms)
Key PointsThe markets have gone truly bananas. In a good way for growers but not necessarily for consumers. In the past week, Chicago wheat futures have risen to the highest...
23 Mar Wool market feels full effect
If last week in the midst of global turmoil the wool market caught a cold, this week it had “full-blown influenza”. Despite the Au$ free-falling, the wool market was hit...
20 Mar Supermarket shelves cleared and saleyards are bare too
Not a day goes by at the moment without a fresh picture on social media of empty supermarket shelves after a wave of panic buying. Despite record price levels for...
19 Mar Crisis? No crisis here.
Oil is crashing, the stock market is crashing, the Aussie dollar is lower, there is a massive spend on stimulus, the whole country could go into lockdown, but what about...
18 Mar Wool market not immune
Despite the resilience shown over previous weeks by the wool market in the face of the global impact and then the week shut-down of sales due to the cyberattack on...