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Commodity Tag

Remember last year when lamb prices moved through 800¢ and we thought it couldn’t go much further?  We have had a case of Déjà vu this year, although prices were 100¢ higher, and this week have continued to rally. Lamb prices didn’t just creep higher either,...

The Eastern Young Cattle Indicator (EYCI) is finally having a go at its winter rally. Seasonal conditions are on the improve in the south and it appears restockers might have decided it is time to take on some risk.The rain was concentrated in southern areas...

The bulk of the world’s wheat crop is produced in the northern hemisphere, if something goes wrong there it can have a colossal impact upon pricing. Overnight the USDA released their July WASDE report. In this week’s comment, we will look at who the winners...

Just yesterday we released a piece on the prospect of a late Winter rally for the Eastern States Trade Lamb Indicator (ESTLI), signalling a test towards 935¢ this month. So far east coast markets are behaving compliantly, with the key lamb indicator finishing the week...