Seeing all red on the Eastern States Daily Indicator Report for weekly sheep and lamb movements has been a rare occurrence recently. This week finally saw enough stock come to market to send prices lower.Week on week falls in sheep and lamb prices weren’t huge,...
Lamb yarding numbers are starting to climb across the east coast fueled by lifting Victorian throughput as the spring flush gets underway. However, prices are yet to dampen as a resurgence in offshore demand, particularly from China has export buyers scrambling to fill orders. Weekly east...
It concerns me that we are starting to get accustomed to the “roller-coaster” ride that has become the wool market. The wild fluctuations are causing sellers a headache, deciding whether to sell, pass lots in, withdraw or wait. We can only guess what this is doing...
The Department of Agriculture is taking submissions until October 28th that will help determine the future regulation of the live sheep export trade, including the proposed moratorium during the northern hemisphere summer. Analysis of seasonal live sheep mortality rates is presented in Figure 1. It shows...
The concerns we expressed last week about the weak finish to sales in Fremantle came to fruition, with the Melbourne and Sydney markets quickly adjusting down on the opening day. This proved a catalyst for a loss of confidence and the market tracked lower wiping out...
In the last month, African Swine Fever (ASF) has extended its reach to the Philippines, Korea and most disturbingly to Australian borders at Timor Leste. Additionally, official Chinese acknowledgment has surfaced regarding the scale of the impact on the Chinese pork industry. After the seasonal...
October has started out pretty well for sheep and lamb markets, with lambs finding solid support and mutton back on the rise. October is traditionally a time of strengthening supply, so we might be seeing another lift in demand.The National Mutton Indicator (NMI) rise last...
Back to hushed tones and whispers in the forwards market this week, as only two trades agreed. One trade was dealt for 21 Micron wool and agreed at 1,680¢ for later this month. One trade was dealt for 28 Micron wool and agreed at 920¢ for...
Lamb prices continued to track along sideway in east coast markets, but there were some wild swings in the remote states. The Eastern States Trade Lamb Indicator (ESTLI) slipped below 800¢ for the first time since May, but things are worse in Tasmania and WA....
Last Thursday while Melbourne & Fremantle continued to lift, Sydney didn’t sell, so this week the market between centres firstly had to realign. This saw Melbourne down and Sydney up on Wednesday, however when the dust had settled at the close of the week there...