The data prepared by the team at TEM points to confidence in the lamb market into 2022 and beyond. Where does StockCo see the opportunity? COO Tim Pryor says “It’s the one percenters that count. Our most successful clients who consistently deliver great trading margins...
That is the question - A look at gross margins on a lamb feedlot trade. As a specialist livestock funder, we are fortunate to work closely with our clients to understand the fundamentals of what drives weight gain performance. Taking it a step further, the data...
What’s left for lamb and sheep slaughter volumes into spring and summer? Author- Matt Dalgleish, Thomas Elder Markets The Snapshot Approximately 10 million lamb need to be turned off in the second half of 2021 in order to reach the MLA target of 20.3 million head of...
After multiple years of drought conditions, the current La Nina weather system has given Australian sheep owners a much-needed reprieve. As the country comes out of drought, farmers – particularly across Australia’s east coast – find themselves coming into a much more favourable season, with...
A quick glance at Meat and Livestock Australia’s (MLA) weekly slaughter data suggested both sheep and lamb were following the normal trend. This was not the case however, with the data lagged a week it was a case of supply tightening before the public holiday-induced...
It is the time of year when lamb yardings reach their seasonal high, driven largely by Victoria. It was Sheep that reached a record last week, however. This is no surprise given the very good prices at a time of year when they usually hit...
Sheep slaughter had its second highest week for the year as sheep continue to flow into markets. There has been little impact on prices however, as with lamb, slaughter is down, there is still kill space to fill. Chinese mutton demand continues to run hot. Mutton...
Despite the free-flowing supply in the south Victorian lamb prices found some support, while mutton moved to a new record. WA lamb prices have also rebounded strongly and are now not far off the east coast. It might be that Victorian lambs are finding support...
Sheep and lamb markets are doing funny things. Lamb slaughter is well behind the same time last year, yet prices keep falling. Sheep slaughter is the same as last year, and on the rise, but prices remain steady. Figure 1 shows east coast lamb slaughter, which...
Grower reaction to the recent better wool market resulted in an increased offering, however, this proved too much for the market and it lost momentum this week. AWEX reported that the retracement was across the board, following the weak finish in Fremantle last week. While the...