09 Apr Disease keeping wheat prices strong.
Key Points The market has been assisted in recent weeks by the high levels of uncertainty. This week the wheat price has fallen, albeit remains strong.Let’s start this weeks’ commentary on a...
Market Intel
08 Apr Market plummets
The stable market reported last week vanished quickly in sales this week as buyer confidence evaporated. Border closures in India & Italy, along with difficulties obtaining finance during this difficult...
07 Apr Down cycle extended by pandemic
After trending lower for 18 months, wool prices would normally start to look for reasons to stabilise. That appeared to be the case in late 2019, but the occurrence of...
06 Apr Rush to offload eases amid supply chain uncertainty
In an environment of limited price data and scant access to sheep/lamb indicators we are used to there is still the ability to see what is going on with throughput...
03 Apr Kansas/Chicago – A spread trade strategy.
Key PointsKansas typically trades at a premium to Chicago. However, since 2018 Chicago has been running at a strong premium. In September we put forward a strategy for a spread...
02 Apr December like yardings pressure markets
Lamb supply ramped up last week, and without supply data for this week, it looks like it might have been just as strong. Panic selling hit the market and sent...
01 Apr Surge in throughput puts a dampener on prices
A rush to offload cattle this week has seen yardings surge and domestic cattle prices probe lower. Processors appear to be increasing their activity in response to domestic demand for...
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...
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...