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Business Tag

The USDA report surprised most stakeholders within the industry this week. It wasn’t a welcome surprise with prices declining across the board. In this update we take a look at the impact on pricing, and how Australian pricing is remaining strong. This time last week...

The first sneak peek at the spring rainfall outlook issued by the Bureau of Meteorology (BOM) yesterday paints a grim picture for cattle producers and you could say it’s a crappy forecast on account of all the brown patches spread across the country. An elevated...

The lamb market continued to decline this week, and mutton managed to maintain its strength.  Wool producers can take some solace from this, in a week when wool prices have been tanking, at least their stock are still worth very good money.  This time last...

Wheat is not just wheat. There are multiple varieties bred for different purposes from durum to noodle wheat. There are also multiple futures contracts which can be used based on quality and geography. In this article we will be looking at Kansas and Chicago futures.In...

With a new month comes new opportunities. This week we take a look at the futures market and basis levels around Australia. Let’s start with the global picture. The market has largely traded in a sideways motion since the end of July, with December Chicago futures...

The wool market resumed after the winter recess selling in all three centres but it was an opening that many feared. Demand was negatively affected by the global uncertainty focused on the US/China trade dispute. Most buyers would have called on their northern hemisphere customers over...

The end of July sees Australia and the US once again starting to diverge away from one another, with drought concerns coming to the fore. In this week's comment, we briefly discuss the direction of the market and the recent external administration of another grain...