22 Feb Wool supply issues in the north
The drought is showing its effect especially in the northern selling centre (Sydney), where a very small offering of 7,500 bales last week met with strong competition. The south and western...
Blog
22 Feb When 620¢ is no longer enough.
Late last week the lamb and sheep market found some strength. Prices will only fall for so long before grower baulk and put other strategies in place. Either supply has...
21 Feb I see red, I see red, I see red, and it’s not Valentine’s roses.
Softening cattle prices across the board this week and all major NLRS reported categories of cattle across the East coast are now below levels recorded this time last season, including...
20 Feb How does StockCo assist livestock producers to achieve better outcomes?
StockCo can assist producers emerging from a destocking event, for example, a drought and our facility helps them to return to generating profits really quickly after a favourable weather event....
20 Feb EU wheat at a discount
In this week’s grain market update we take a look at the new crop contracts overseas now that we’re approaching the northern hemisphere harvest. The Chicago wheat futures show some...
19 Feb Prediction is very difficult, especially if it’s about the future.
The rainfall and production prospects for the coming year are an unknown, will it be colossal or dreadful? The reality is that no-one really predict weather out 12 months with...
19 Feb Weekly Wool Forwards for week ending 15 February 2019
An interesting trend has emerged this week in the auction market, where we’ve seen continual heightened prices across all micron categories. When coupled with the Aussie dollar on a continued...
15 Feb Supply forecast provokes aggressive buying.
Despite a slight lift in volume of wool hitting the market this week prices managed to increase across most categories and centres. Looking ahead however, the roster indicates that the...
14 Feb Price action suggests a rebound in supply
The dip in lamb and sheep supply after last weeks shortened selling program was evident in throughput levels reported to Friday 1st of February. Lamb and sheep prices have continued...
13 Feb What will northern rain do to the market?
There have been floods in Townsville and massive rains across large swathes of Northern cattle country. There has, however, been no relief for much of the Murray Darling Basin. The...