While the market again suffered a significant fall, the AWI commentary on the market noted that almost all of the damage occurred on day one of selling, with a more measured response from exporters on Thursday. Since the peak of March, in four months the EMI...
Declining sale yard throughput and slaughter levels for lamb and sheep markets are making their presence felt on price movements this week. Across the national market indicators prices were up for all categories of stock except for mutton. East coast lamb markets leading the charge higher...
A quiet week in the forwards market with only two trades, reflecting the falling auction markets of recent weeks. One trade was dealt in 19 micron wool for August and agreed at 2,050¢ One trade was dealt in 28 micron wool for August and agreed at...
Another week of low offerings, high pass-in rates and price falls.The retracement from the February peak is well and truly happening. All categories were impacted with the exception of the better prepared crossbred lots, although these were in scarce supply. The Eastern Market Indicator (EMI) fell...
A very solid week in the forwards market with eleven trades dealt across the most popular MPGs.Five trades were dealt for 19 micron wool, three for August agreeing at 2,035, 2,050¢ and 2,060¢. The remaining 19 micron trades were for September and agreed at 2,040¢...
MLA have only made minor changes to flock and lamb supply forecasts for the coming years. The 2018 flock was 3 million head higher than the January estimate. Sheep supplies are forecast for fall, but it may not be enough for a flock rebuid.Meat...
After strong buying activity last week, this week we saw buyers retreat in what was the lowest offering since June last year with Fremantle not selling at all. The market fell back as buyers were cautious about filling orders due to the small offering and...
The micron price curve from 15 through to 23 micron is extraordinarily flat at present. Change in supply has been the key driver of this move to a flat price curve. Fibre diameter is constantly changing in response to change in seasonal conditions. As...
Another solid week in the forwards market, with 21 micron being the main MPG dealt. One trade was dealt for 19 micron wool for August and agreed at 2,180¢. Four trades were dealt for 21 micron wool. One of those was for September at 2,080¢...
The wool market kicked back into gear this week as buying sentiment strengthened. A limited offering meant buyers were more aggressive with their purchasing to secure their requirement. All categories and microns felt the benefits. The Eastern Market Indicator (EMI) rose 54 cents on the...